New Jersey Paycheck Calculator

Calculate your take home pay after federal & New Jersey taxes

Last updated on Aug 24 2021

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New Jersey state income tax

New Jersey state has a population of a little under 9 million (2019) and has the highest density population of any state in the United States. The Garden State had the highest number of millionaires per capita in the United States in 2020. The median household income is $80,088 (2017).

Brief summary:

  • the income tax rate ranges from 1.40% to 10.75%
  • no local income tax
  • subject to three types of payroll taxes
  • able to claim exemptions
  • has a Earned Income Tax Credit (EITC)
New Jersey United States

New Jersey fiscal year starts from July 01 the year before to June 30 the current year. So the fiscal year 2021 will start from July 01 2020 to June 30 2021.

Calculating your New Jersey state income tax is similar to the steps we listed on our Federal paycheck calculator:

  1. figure out your filing status
  2. work out your adjusted gross income [Total annual income – Adjustments = Adjusted gross income]
  3. calculate your taxable income [Adjusted gross income – (Post-tax deductions + Exemptions) = Taxable income]
  4. understand your tax liability [Taxable income × Tax rate = Tax liability]
  5. determine whether your tax liability is more than your tax credits and withheld
    • Tax liability – (Credits + Withheld) = What you owe or
    • (Credits + Withheld) – Tax liability = Tax refunds

State payroll tax

Fiscal year Tax name Percent of taxable wage Up to taxable wage Comment
2021 State Unemployment Insurance (SUI) 0.43% $36,200
State Disability Insurance (SDI) 0.26% for calendar year 2020
0.47% for calendar year 2021
$138,200
State Family Leave Insurance (FLI) “0.16% for calendar year 2020
0.28% for calendar year 2021″
$138,200
2020 State Unemployment Insurance (SUI) 0.425% 2019 taxable wage base up to $34,400
2020 taxable wage base up to $35,300
State Disability Insurance (SDI) 0.17% for calendar year 2019
0.26% for calendar year 2020
$134,900 Maximum contribution is $350.74
State Family Leave Insurance (FLI) 0.08% for calendar year 2019
0.16% for calendar year 2020
Maximum contribution is $215.84

Income tax brackets

Each filer type has different progressive tax rates. Refer to Tax Foundation for more details.

Fiscal year Filing status Taxable income Rate
2020 Single
Married, Filing Separately
$0 – $20,000 1.40%
$20,000 – $35,000 1.75%
$35,000 – $40,000 3.50%
$40,000 – $75,000 5.525%
$75,000 – $500,000 6.37%
$500,000 – $5,000,000 8.97%
$5,000,000+ 10.75%
Married, Filing Jointly or Widow(er)
Head of Household
$0 – $20,000 1.40%
$20,000 – $50,000 1.75%
$50,000 – $70,000 2.45%
$70,000 – $80,000 3.50%
$80,000 – $150,000 5.525%
$150,000 – $500,000 6.37%
$500,000 – $5,000,000 8.97%
$5,000,000+ 10.75%

Deductions

There is no state-level standard deductions.

Exemptions

There is state-level exemptions for all type of filers and dependents. Refer to Tax Foundation for more details.

Fiscal year Filing status Personal exemption amount
2021
2020
Single
Married, Filing Separately
Head of Household
$1,000
Married, Filing Jointly or Widow(er) $2,000
Dependent(s) $1,500

Earned Income Tax Credit (EITC)

Fiscal year Percentage of Federal EITC Refundable
2021
2020
40% Yes

Child Tax Credit (CTC)

There is no state-level CTC.

FAQs

What taxes do New Jerseyite pay?

New Jersey income tax rate ranges from 1.40% to 10.75% and there are also three types of payroll taxes. You still need to pay federal income tax on top of this.

How much do you make after taxes in New Jersey?

The take home pay for a single filer who earns $80,000 per year is $60,266.95.
For a married couple with a combined income of $160,000 per year, the take home pay is $121,449.30.