New Jersey § 54A:2-4 Minimum taxable income

New Jersey Statutes

§ 54A:2-4 — Minimum taxable income

New Jersey § 54A:2-4

Title 54ANEW JERSEY GROSS INCOME TAX ACT

This text of New Jersey § 54A:2-4 (Minimum taxable income) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 54A:2-4 (2026).

Text

54A:2-4. Minimum taxable income. Notwithstanding any other provisions of this act, a taxpayer shall not be subject to tax under this act if: 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 Ja

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54A:2-4. Minimum taxable income. Notwithstanding any other provisions of this act, a taxpayer shall not be subject to tax under this act if: 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.