2014 New Jersey: Property Tax Deduction or Credit
Homeowners and tenants who pay property taxes, either directly or through rent, on their principal residence in New Jersey may qualify for either a deduction or a refundable credit.
Certain taxpayers, who did pay property taxes, may not have received a property tax deduction or credit on their New Jersey tax return.
TurboTax has fixed this issue.
How to tell if you may be impacted
You may be affected if ALL of the following apply to you:
- You filed your New Jersey tax return prior to February 6th, 2015 AND
- You have an amount on New Jersey form NJ-1040, Line 37a AND
- You do not have an amount on Form NJ 1040, Page 2, Line 38, property tax deduction or Line 49, property tax credit
If you are affected, you may have overpaid your state tax. You may need to amend your 2014 New Jersey return.
To amend your return:
- Follow these amend instructions for the TurboTax Online product.
- Follow these amend instructions for the TurboTax CD Download product.
- After you make the changes to your tax return, you will need to mail a copy of your amended state return.
- Your printed return will include instructions on how and where to mail it.
If you need to contact us, please use the phone number in the email from TurboTax and tell the representative you’re calling about the 2014 New Jersey: Property Tax Deduction or Credit.