Yes. According to the NJ Division of Taxation, military veterans who were honorably discharged or released under honorable circumstances from active duty in the Armed Forces of the U.S. by the last day of the tax year are eligible for an additional $6,000 exemption. Each spouse/CU partner who is a veteran is eligible for the additional exemption. This exemption cannot be claimed for a domestic partner or dependents. The taxpayer must certify that he or she was honorably discharged or released under honorable circumstances from active duty the first time claiming the exemption(s).
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