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Printable Form 1040 (Schedule A) Jersey City New Jersey: What You Should Know

Tax Information & Tax Assistance What's New for 2018 · Tax Free Living in New Jersey As part of our commitment to lowering your taxes, we are proud we can now offer you the lowest state property tax in New Jersey! It would have taken years for us to come to this point — but in fact, as of July 1, 2018, all New Jersey residents, regardless of residency, will no longer be assessed the New Jersey property tax. · New Vehicle Fees · New Motorcycle Fees · Other New Property Tax FAQs · We are glad to inform you we are removing the following itemized or additional property tax items from current tax lists: Vehicles — Taxable or Non-Taxable · Motorcycles — Taxable or Non-Taxable · Property Owners' Insurance · New Motorcycle Registration Fees · New Motorcycle License Fees · New Motor home Registration Fees · Reasonable Excise and/or Interest in/on Vehicles · Real Estate License Fees · Personal Property Taxes, if any · Real Estate Tax Deductions · Public Records Fee/Surcharge · Real Estate Mortgage Deductions · Taxable or Non-Taxable · New Year's Resolution, New Ways To Save for New Tax Year. The biggest tax cut you'll ever get is for a new vehicle. You can save as much as 15% of what you pay in New Jersey property taxes to a new car when it's financed, purchased, leased, or sold during the new tax year. And you can save even more by buying from an independent dealership who sells you a new, pre-owned vehicle at a big discount. The biggest tax cut you'll ever get is for a new vehicle. The tax savings for cars are even better! Because if you buy from an automaker and lease your auto from them, you will have to pay less than what they would charge you to buy outright and keep the car for a few years until you sell it. Also, since New Jersey has lower interest rates on new cars, the difference in interest rates can save you money on your payments, especially if you live in New Jersey and spend a lot of time in the New Jersey area. New Vehicle Sales Tax Relief. The New Jersey Vehicle Tax Relief program offers a major tax cut to consumers selling a new car that has just been purchased. The savings are even bigger if you choose to finance with New Jersey State government supported finance companies.

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