New Jersey A3438 provides a $1,000 refundable gross income tax credit to staff members at childcare centers.
New Jersey A3438 provides a $1,000 refundable gross income tax credit to staff members at childcare centers. This credit can be claimed by both individuals in the case of married individuals filing a joint return. If the credit exceeds the taxpayer’s liability, the taxpayer will receive a refund for the amount in excess of that liability. The credit applies to taxable years beginning January 1 next following enactment.
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