New Jersey Statutes 54A:2-4. Minimum taxable income
Terms Used In New Jersey Statutes 54A:2-4
- person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
a. The taxpayer is filing as an unmarried individual, an estate or trust, with a gross income of
(1) $3,000 or less for taxable years beginning before January 1, 1994,
(2) $7,500 or less for taxable years beginning on or after January 1, 1994 but before January 1, 1999, and
(3) $10,000 or less for taxable years beginning on or after January 1, 1999;
b. The taxpayer is determining tax pursuant to subsection a. of N.J.S.54A:2-1, or is a married couple filing a joint return, with a gross income of
(1) $3,000 or less for taxable years beginning before January 1, 1994,
(2) $7,500 or less for taxable years beginning on or after January 1, 1994 but before January 1, 1999,
(3) $10,000 or less for taxable years beginning on or after January 1, 1999 but before January 1, 2000,
(4) $15,000 or less for taxable years beginning on or after January 1, 2000 but before January 1, 2001, and
(5) $20,000 or less for taxable years beginning on or after January 1, 2001; or
c. The taxpayer is a married person filing separately with a gross income of
(1) $1,500 or less for taxable years beginning before January 1, 1994,
(2) $3,750 or less for taxable years beginning on or after January 1, 1994 but before January 1, 1999,
(3) $5,000 or less for taxable years beginning on or after January 1, 1999 but before January 1, 2000,
(4) $7,500 or less for taxable years beginning on or after January 1, 2000 but before January 1, 2001, and
(5) $10,000 or less for taxable years beginning on or after January 1, 2001.
In the case of a nonresident, gross income shall mean gross income which such nonresident would have reported if he had been a resident.
L.1976, c.47, s. 54A:2-4; amended 1990, c.61, s.14; 1994, c.8, s.1; 1999, c.260, s.1.