New Jersey Salary & Paycheck Calculators
Updated October 2024New Jersey employs a graduated income tax system with rates ranging from 1.4% to 10.75%, which can significantly impact your net income based on your earnings level. While more complex than some other states, New Jersey's tax code includes various deductions and exemptions that affect your paycheck.
New Jersey Income Tax Highlights
For single filers:
- 1.4% on the first $20,000 of taxable income
- 1.75% on taxable income between $20,001 and $35,000
- 3.5% on taxable income between $35,001 and $40,000
- 5.525% on taxable income between $40,001 and $75,000
- 6.37% on taxable income between $75,001 and $500,000
- 8.97% on taxable income between $500,001 and $1,000,000
- 10.75% on taxable income over $1,000,000
For married couples filing jointly:
- 1.4% on the first $20,000 of taxable income
- 1.75% on taxable income between $20,001 and $50,000
- 2.45% on taxable income between $50,001 and $70,000
- 3.5% on taxable income between $70,001 and $80,000
- 5.525% on taxable income between $80,001 and $150,000
- 6.37% on taxable income between $150,001 and $500,000
- 8.97% on taxable income between $500,001 and $1,000,000
- 10.75% on taxable income over $1,000,000
These rates apply to residents on all sources of income and to non-residents on New Jersey-sourced income. The state allows for certain deductions and credits that can affect your taxable income.
New Jersey Calculators & Tools
Calculate Your Take-Home Pay
Input your income details and see how much you make after taxes and deductions.
Bonus Calculators
Find out how much your bonus will be taxed.
Net-to-Gross
Find out how much your gross pay should be for a specific take-home pay.
Withholding Forms
Specialty Calculators
Dual Scenario Hourly
Compare your take home pay in different hourly scenarios.
Dual Scenario Salary
Compare your take home pay in different salary scenarios.
401k Calculator
See how increasing your 401k contributions will affect your paycheck and your retirement savings.
Tax Tip Calculator
Determine your take home from tips after taxes
Key Points to remember about the New Jersey Paycheck Structure
- Progressive tax system with eight brackets
- No standard deduction (uses tax tables instead)
- Personal exemption of $1,000 per person
- Some municipalities may impose additional income taxes
- New Jersey does not tax Social Security benefits
Understanding these aspects of New Jersey's tax landscape is crucial for accurately estimating your net income and managing your finances effectively in the Garden State. While New Jersey's tax system is more complex than some states, it's important to consider the various deductions and credits available to optimize your tax situation.
Learn more about the Payroll Process in New Jersey
Visit the New Jersey Payroll Guide page
Fun Facts
New Jersey is famous for its beaches, boardwalks, and proximity to New York City. The state played an important role in the American Revolution. It’s also known for its diners, often referred to as the "Diner Capital of the World."
