New Jersey 2025 State Tax Updates

Summary
New Jersey released updated tax provisions for 2025, including changes to credits, limits, and filing guidance.

What Changed

• Updates to the NJ Earned Income Tax Credit

• Revised contribution and withholding amounts

• Updated state filing guidance

Who Is Affected

• New Jersey resident individuals

• Business owners operating in NJ

• Employers with NJ payroll obligations

What This Means
State-level changes should be reviewed alongside federal filings to ensure compliance and optimal planning.

CTA
If you need assistance with New Jersey tax matters, contact Shah & Lee Associates, LLC.

Source: NJ Division of Taxation
https://www.nj.gov/treasury/taxation