Extends veteran's gross income tax exemption to spouses of deceased veterans.

New Jersey S1927 amends the state's gross income tax law to allow the spouse of a deceased veteran to continue claiming the veteran's $6,000 exemption until they remarry. Currently, the exemption is only available in the year of the veteran's death if the spouse files a joint return. This change ensures the exemption continues for subsequent years, provided the veteran was eligible for the exemption at the time of their death. The amendment applies to taxable years beginning after the bill's enactment.

Extends veteran's gross income tax exemption to spouses of deceased veterans.

New Jersey S1927 amends the state's gross income tax law to allow the spouse of a deceased veteran to continue claiming the veteran's $6,000 exemption until they remarry. Currently, the exemption is only available in the year of the veteran's death if the spouse files a joint return. This change ensures the exemption continues for subsequent years, provided the veteran was eligible for the exemption at the time of their death. The amendment applies to taxable years beginning after the bill's enactment.