I am preparing my New Jersey State taxes. Why doesn't my property taxes show on line 39a of the tax form?

[ErnieS0 · Accepted solution]

Do you see a Property Tax Credit on line 56? New Jersey automatically gives you the better result between the property tax deduction or property tax credit. If you do not see a deduction on NJ-1040 line 39a, then you may be getting a property tax credit.

Worksheet I is used to compute whether the deduction or credit is better for you.

Or you may have entered your information incorrectly on the property tax deduction/credit screens. Check your entries.

Related Resource:

• NJ Income Tax Property Tax Deduction/Credit for Homeowners and Tenants