Code Section
54A:1, et seq.

Who is Required to File
Individuals, estates and trusts, residents and nonresident taxed on gross income; Nonresidents are only taxed on income derived from New Jersey sources; Partnerships and associations are not taxable; Local taxes may be required

Rate
First $20,000, 1.4%; Next $30,000, 1.75%; Next $20,000, 2.45%; Next $10,000, 3.5%; Next $70,000, 5.525%; Over $150,000, 6.37%

Federal Income Tax Deduction
No

Federal Income used as Basis
No