New Jersey bill offers tax credits for employing family members of fallen Armed Forces members.

New Jersey bill A269 provides corporation business tax and gross income tax credits for employing immediate family members of members of the Armed Forces of the United States who were killed in action. The credit is equal to ten percent of the qualified wages paid, up to a maximum of $1,200 per family member per tax year. To qualify, the family member must be a new employee and be employed full-time for at least nine consecutive months. The credits are nonrefundable but may be carried forward for up to 20 tax years.

New Jersey bill offers tax credits for employing family members of fallen Armed Forces members.

New Jersey bill A269 provides corporation business tax and gross income tax credits for employing immediate family members of members of the Armed Forces of the United States who were killed in action. The credit is equal to ten percent of the qualified wages paid, up to a maximum of $1,200 per family member per tax year. To qualify, the family member must be a new employee and be employed full-time for at least nine consecutive months. The credits are nonrefundable but may be carried forward for up to 20 tax years.