Malcolm Rivera
In the state of New Jersey, individuals are required to file a Federal Form 4868 to request an extension for Form NJ-1040. If this form is rejected, individuals can then file State Tax extension Form NJ-630. This form must be filed by the 15th day of the fifth month after the tax year ends. The New Jersey Division of Taxation may waive certain penalties if a taxpayer files an extension, as long as other criteria are met. For example, one key step to having the penalty waived is to file an extension request by the original due date.
| Characteristics | Values |
|---|---|
| Form | NJ-630 |
| Alternative Form | Federal Form 4868 |
| Due Date | April 18, 2023 |
| Extended Due Date | October 16, 2023 |
| Validity Period | 6 months |
| Payment | Any due taxes must be paid by the extended due date |
| Submission | Online or paper filing |
| Waiver | Possible, if other criteria are met |
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What You'll Learn
Requesting an extension using Form NJ-630
To request a New Jersey extension, individuals can file Form NJ-630 by the original due date of their return. This form is a request for an extension of time for filing individual tax returns. It is important to note that this extension does not apply to the payment of New Jersey gross income tax. All state tax payments are due by the original deadline of the return.
Form NJ-630 can be submitted in two ways: by paper mail or electronically. For electronic submissions, individuals can use New Jersey's online filing service: www1.state.nj.us/TaxPortal/Ind. Additionally, any NJ tax that remains unpaid by the proper due date will be subject to interest and penalties. Therefore, it is crucial to pay any taxes due along with the extension form to avoid these additional charges.
If an individual has an approved federal tax extension (IRS Form 4868), they will automatically receive a New Jersey tax extension. In this case, they do not need to file Form NJ-630 unless they need to make a New Jersey extension payment. However, if the federal tax extension Form 4868 was rejected, individuals can then file the state tax extension Form NJ-630.
The deadline for filing Form NJ-630 is on or before the 15th day of the 5th month after the tax year ends. For calendar year filers, this typically translates to a due date of May 17. To make a payment with the state, individuals can use Payment Voucher (Form NJ-630) or pay electronically through New Jersey's online payment service: www1.state.nj.us/Portal/IndTax.
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Requirements for a valid extension
To obtain a valid extension for Form NJ-1040, individuals in New Jersey must meet specific requirements and adhere to certain procedures. Here are the key requirements for a valid extension:
Filing an Extension Request
To request an extension for Form NJ-1040, individuals can file Form NJ-630, also known as the "Application for Extension of Time to File." This form serves as both the extension request and the voucher for making an extension payment. Alternatively, individuals can use Federal Form 4868 as their extension request, which is accepted by the New Jersey Division of Taxation. It is important to note that the extension request must be filed by the original due date to avoid penalties.
Payment Requirements
When filing for an extension, individuals must ensure that they meet the payment requirements. Any taxes due, including extension payments, should be paid along with the extension form to avoid penalties and interest. The New Jersey Division of Taxation may waive certain penalties if the taxpayer files an extension and meets other criteria. However, it is important to understand that an extension of time to file is not considered an extension of time to pay the tax due. The taxpayer's tax liability is still due in full by the original due date.
Extension Period
The valid extension for Form NJ-1040 in New Jersey typically grants a six-month extension beyond the original due date. This means that individuals will have an additional six months to file their Form NJ-1040 or Form NJ-1040NR after receiving the extension. It is important to adhere to the extended due date to avoid retroactive denial of the extension and late filing penalties.
Exceptional Circumstances
In certain exceptional circumstances, taxpayers may be able to demonstrate the need for an extension beyond the standard five or six-month period. This can be done by providing medical evidence, such as a doctor's certification, or by establishing that the taxpayer is unable to obtain necessary information from third parties for the completion of their tax return. However, the decision to grant an extension beyond the standard period is at the discretion of the Director and requires a determination of exceptional circumstances.
It is important to carefully review the guidelines and criteria provided by the New Jersey Division of Taxation when requesting an extension for Form NJ-1040. Adhering to the requirements and deadlines is crucial to ensure the validity of the extension and to avoid any penalties or interest charges.
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Filing Form NJ-1040 or NJ-1040NR by the extended due date
To file Form NJ-1040 or NJ-1040NR by the extended due date, you must first ensure that you have been granted a valid extension. The state of New Jersey typically requires individuals to file a Federal Form 4868 for an extension, rather than requesting a separate state tax extension. However, if your Federal Form 4868 is rejected, you can file for a state tax extension using Form NJ-630. This form must be filed on or before the 15th day of the 5th month after the tax year ends (May 17 for calendar year filers). When filing Form NJ-630, be sure to pay any taxes due along with the extension to avoid penalties and interest. You can calculate your total tax liability on Form NJ-1040, line 45, or Form NJ-1040NR, line 42. If your withholdings, estimated payments, or other payments do not equal at least 80% of your total tax due, make a payment with your extension application to ensure you have paid at least 80%.
To summarise, here are the key points to ensure a successful filing of Form NJ-1040 or NJ-1040NR by the extended due date:
- Obtain a valid extension by filing Federal Form 4868 or, if rejected, by filing State Tax Extension Form NJ-630.
- File Form NJ-630 by the deadline, which is typically the 15th day of the 5th month after the tax year ends.
- Pay any taxes due along with the extension form to avoid penalties and interest.
- Calculate your total tax liability on Form NJ-1040 (line 45) or Form NJ-1040NR (line 42) to ensure you have paid at least 80% of the total amount due.
By following these steps, you can ensure that your filing of Form NJ-1040 or NJ-1040NR by the extended due date is accurate and compliant with the requirements of the State of New Jersey.
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Making extension payments
To make extension payments for Form NJ-1040, you can use Form NJ-630 or federal Form 4868. These forms serve as both the extension request and the voucher for making the extension payment. The New Jersey Division of Taxation accepts electronic funds withdrawal as a payment method.
The amount paid with the extension is included on the line for Estimated Tax Payment on Form NJ-1040 or Form NJ-1040-NR. This information is entered on the NJExt screen in the "Extension payment actually made; reportable on the main return" field. If you used UltraTax CS to prepare your extension, this field may already be populated. If you paid a different amount than what is listed, you can change the data entry. If you filed your extension through another method, you must enter the actual amount paid in the Force field.
It is important to note that to avoid penalties and interest, you must pay any taxes due along with your extension form. Additionally, to have your extension request approved, you must pay at least 80% of your total tax liability. You can find your total tax liability on Form NJ-1040, line 45; Form NJ-1040NR, line 42; or Form NJ-1041, line 29. If your withholdings, estimated payments, or other payments do not equal at least 80%, make a payment with your extension application to ensure you meet this threshold.
The deadline for filing your extension request and making the required payment is generally April 15 or April 18, depending on the year. The extended due date for filing Form NJ-1040 or Form NJ-1040NR and paying any remaining taxes due is typically October 15 or October 16.
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Exceptional circumstances for an extension
To request an extension for Form NJ-1040, individuals can file Form NJ-630. This form is for those who don't have an approved federal tax extension. Exceptional circumstances for an extension can be demonstrated by establishing one of the following:
Medical Evidence
If an individual is unable to complete their tax return due to medical reasons, they can provide medical evidence, such as a doctor's certification, as evidence. This evidence must show that the taxpayer is unable to complete the tax return or obtain the necessary information to do so due to their medical condition.
Information from Third Parties
If an individual is unable to obtain or receive information from third parties that is necessary for the completion of their tax return, they may be granted an extension. For example, if an individual is waiting on tax documents from their bank or employer and has not received them by the tax deadline, this could be considered an exceptional circumstance.
Natural Disasters
Natural disasters, such as hurricanes, floods, or fires, can also qualify as exceptional circumstances. If an individual has been affected by a natural disaster and is unable to meet tax deadlines as a result, they may be granted an extension. This could include situations where important documents or records have been lost or destroyed.
Military Service
Members of the military may be granted an extension if their service obligations prevent them from completing their tax obligations on time. This could include active duty, training, or deployment that coincides with the tax filing season.
It is important to note that while these circumstances may provide a valid reason for an extension, the final decision is typically made by the relevant tax authority. The taxpayer must still file for an extension and provide supporting documentation or evidence to support their claim. Additionally, interest and late filing penalties may still apply, even if an extension is granted.
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Frequently asked questions
You need to fill out Form NJ-630, the Application for Extension of Time to File New Jersey Gross Income Tax Return.
The extension for NJ 1040 is for six months.
You need to submit Form NJ-630 by the original deadline of your tax return, which is usually April 15.
