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-ES
2024 Form NJ-1040-ES 1
What is Estimated Tax How to Pay
Estimated tax refers to paying tax on your income as it You can pay your estimated tax in full by the due date
is earned throughout the year if you do not already pay of the first installment or in four equal installments. Esti-
tax through withholdings, or if not enough tax is withheld. mated pay ments can be made by:
If you expect to owe more than $400 when you file your
New Jersey Income Tax return, you may need to make Check or Money Order payable to State of New Jersey
estimated tax payments. For more information, see GIT-8, – TGI. Write your Social Security number on your check
Estimating Income Taxes. or money order. If you are filing a joint return, include both
Social Security numbers in the same order the names
Estimated tax payments are not payments for prior year are listed on the NJ-1040-ES. Fiduciaries must include
tax debts. Do not use Form NJ-1040-ES to pay outstand- the federal employer identification number of the estate
ing balances for prior years. Information on starting a pay- or trust. Mail your payment with the completed voucher
ment plan is available on our website. (NJ-1040-ES) to: State of New Jersey, Division of Taxation,
Revenue Processing Center, PO Box 222, Trenton NJ
How to Avoid Estimated Tax 08646-0222.
If you do not have enough tax withheld from your wages,
ask your employer to withhold more tax. To do this, com- Electronic Check (e-check). You can have your pay-
plete Form NJ-W4 and give it to your employer. ment directly withdrawn from your bank account using
our online e-check service. This option is available on our
If you have pension income, ask the payer of the pension website or by contacting our Customer Service Center
to withhold tax or increase the tax withheld. To do this, or visiting a Regional Information Center (see page 5 for
complete Form NJ-W-4P and give it to the payer of the phone number or addresses). Do not send in a voucher
pension. when paying by e-check. You need the Social Security
number and date of birth of the first person listed on your
New Jersey Income Tax return to make a payment. Es-
Who Must File
Whether you are a resident or a nonresident, you are tates and trusts need their federal employer identification
required to make estimated tax payments if you esti- number and either the date of the decedent’s death or
mate that you will owe more than $400. This also is true the date the trust was created. E-check payments of esti-
for certain estates and trusts. If you made an estimated mated tax can be scheduled in advance.
payment(s) for the prior year but do not expect to have a
Credit Card (Processing Fees Apply). You can use an
New Jersey Income Tax liability for 2024, you do not need
American Express, Discover, MasterCard, or Visa credit
to make estimated payments.
card to make your payment. This option is available
Minimum Income Filing Threshold. If your gross in- on our website, by phone at 1 (888) 673-7694, or by
come for the entire year is at or below the filing threshold, contacting the Division’s Customer Service Center or
you are not required to file a New Jersey Income Tax visiting a Regional Information Center (see page 5 for
return and do not need to make estimated payments. Fil- phone number or addresses). Do not send in a voucher
ing thresholds: $20,000 or less (filing status married/CU when paying by credit card.
couple, filing joint return or head of household or qualify-
ing widow(er)/surviving CU partner), or $10,000 or less Completing the NJ-1040-ES Voucher
(estates and trusts, or individ uals with filing status single Complete the voucher only if paying by check or money
or married/CU partner, filing separate return). order. Do not complete the voucher if you are paying by
e-check or credit card.
When to File • Enter your name, address, and Social Security number
You can pay in full on or before April 15, 2024, or in four on the voucher (if not preprinted). If you are filing jointly,
equal installments.If you are paying your estimated tax include the name and Social Security numbers for both
in four equal installments, additional payments must of you in the same order the names are listed on your
be made on or before June 17, 2024, September 16, New Jersey Income Tax return. Estates and trusts enter
2024, and January 15, 2025. If you have changes in the federal employer identification number.
income, exemptions, or deductions, you may be required • Check the appropriate box to indicate the return
to make an estimated tax payment even if payments
for which payment is being made: Resident
were not previously required. See “Changes in Income,
(Form NJ-1040), Nonresident (Form NJ-1040NR
Exemptions, etc.”
or NJ‑1080C), or Fiduciary (Form NJ‑1041 or
If you are a fiscal year taxpayer or a farmer, see the NJ‑1041SB).
appropriate section on page 2 for payment dates. • Enter the actual amount of the payment being
submitted in the spaces on the voucher. If you had
an overpayment on your 2023 Income Tax return and
elected to apply the overpayment to your 2024 return,
