New Jersey S2151 provides a gross income tax credit for qualified union dues paid to labor organizations.
New Jersey S2151 introduces a gross income tax credit for qualified union dues paid to labor organizations. This credit applies to dues paid during taxable years beginning on and after January 1, 2023. The credit amount equals the total dues, fees, assessments, or other charges required of members or public employees represented by a labor organization. The credit is applied after other credits and, if it reduces the taxpayer's tax liability to zero, any remaining credit is refunded.
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