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I moved. How do I get a refund of the exit tax?
Updated 9:30 PM;
Q. I will be 70 in a few months and I just relocated from New Jersey to Michigan four years ago. I recently sold 10 acres of raw, unimproved land in the Pinelands for $11,079. An “exit tax” in the amount of $220.84 was withheld. As a nonresident of New Jersey, I’m not sure what I need to do for my taxes. Former Jersey boy
A. We’re sorry to hear you left the state.
You would need to file a New Jersey non-resident return showing the gain not the proceeds as New Jersey sourced income, said Howard Hook, a certified financial planner and certified public accountant with EKS Associates in Princeton.
I moved. How do I get a refund of the exit tax? lehighvalleylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lehighvalleylive.com Daily Mail and Mail on Sunday newspapers.