Taxes, Food Security, Dealing with Debt, and Stimulus Checks

Tax Preparation

For questions related to free tax preparation or tax counseling for the elderly, contact Naomi Anderson. As with our other offices, in accordance with state and local guidance for the public health and well-being of our staff and clients, we have had to close our in-person tax preparation sites. Once we are able to re-open our offices, our free tax preparation services will resume immediately. To make an appointment once our offices are open, contact Naomi at the link above.

The deadlines to FILE and PAY federal income taxes are extended to July 15, 2020. On April 1, 2020, Governor Murphy announced that the state filing & payment deadlines have also been extended to July 15th.

Beginning on March 18th and continuing at least through March 31st, all walk-in services at NJ Division of Taxation regional and Trenton offices will be closed to the public as a precaution to safeguard public health. The Division anticipates reopening on April 1st (subject to change)

The Division’s Call center and email service is operating with reduced staff on a limited schedule Monday through Thursday, 9:00 a.m. to 4:00 p.m., closed Fridays. You may experience significant wait times or delays in response to telephone inquiries, emails or general correspondence.

You can file for free at New Jersey Online Income Tax Filing System, download Income Tax forms or make payments from their website.

Stimulus Checks

How much will your stimulus check be? Use this online calculator from nj.com
Single adults with income up to $75,000 will get a $1,200 payment. Married couples with income up to $150,000 will get $2,400. Single parents who file as head of household with income up to $112,500 will get the full $1,200 check. Additionally, those with children will get an additional $500 per child under 17.

Who is eligible for a stimulus check?  Click here for information from Yahoo Money, or here for information from the NY Times.

Check IRS.gov for the latest information: No action needed by most people at this time

IR-2020-61, March 30, 2020

WASHINGTON — The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. However, some seniors and others who typically do not file returns will need to submit a simple tax return to receive the stimulus payment.

Who is eligible for the economic impact payment?

Tax filers with adjusted gross income up to $75,000 for individuals and up to $150,000 for married couples filing joint returns will receive the full payment. For filers with income above those amounts, the payment amount is reduced by $5 for each $100 above the $75,000/$150,000 thresholds. Single filers with income exceeding $99,000 and $198,000 for joint filers with no children are not eligible.

Eligible taxpayers who filed tax returns for either 2019 or 2018 will automatically receive an economic impact payment of up to $1,200 for individuals or $2,400 for married couples. Parents also receive $500 for each qualifying child.

How will the IRS know where to send my payment?

The vast majority of people do not need to take any action. The IRS will calculate and automatically send the economic impact payment to those eligible.

For people who have already filed their 2019 tax returns, the IRS will use this information to calculate the payment amount. For those who have not yet filed their return for 2019, the IRS will use information from their 2018 tax filing to calculate the payment. The economic impact payment will be deposited directly into the same banking account reflected on the return filed.

The IRS does not have my direct deposit information. What can I do?

In the coming weeks, Treasury plans to develop a web-based portal for individuals to provide their banking information to the IRS online, so that individuals can receive payments immediately as opposed to checks in the mail.

I am not typically required to file a tax return. Can I still receive my payment?

Yes. People who typically do not file a tax return will need to file a simple tax return to receive an economic impact payment. Low-income taxpayers, senior citizens, Social Security recipients, some veterans and individuals with disabilities who are otherwise not required to file a tax return will not owe tax.

How can I file the tax return needed to receive my economic impact payment?

IRS.gov/coronavirus will soon provide information instructing people in these groups on how to file a 2019 tax return with simple, but necessary, information including their filing status, number of dependents and direct deposit bank account information.

I have not filed my tax return for 2018 or 2019. Can I still receive an economic impact payment?

Yes. The IRS urges anyone with a tax filing obligation who has not yet filed a tax return for 2018 or 2019 to file as soon as they can to receive an economic impact payment. Taxpayers should include direct deposit banking information on the return.

I need to file a tax return. How long are the economic impact payments available?

For those concerned about visiting a tax professional or local community organization in person to get help with a tax return, these economic impact payments will be available throughout the rest of 2020.

Where can I get more information?

The IRS will post all key information on IRS.gov/coronavirus as soon as it becomes available.

The IRS has a reduced staff in many of its offices but remains committed to helping eligible individuals receive their payments expeditiously. Check for updated information on IRS.gov/coronavirus rather than calling IRS assistors who are helping process 2019 returns.

Dealing with Debt during COVID-19

If you are having trouble dealing with debt as a result of COVID-19, New Jersey Citizen Action Education Fund provides free Financial Coaching in English and Spanish to help you navigate the programs and services available to you and manage your debt during these difficult times.

One-on-one sessions will be provided via telephone and video conferencing. 

Click here to apply for Financial Coaching today!

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Food Security

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Click to apply for assistance today!

Most people who rely on the Supplemental Nutrition Assistance Program (SNAP) in NJ will receive additional benefits in March and April to help them buy food during this public health crisis. Extra March benefits will come this Sunday, March 29th and extra April benefits with the regular monthly benefits. Check your balance at www.NJFamiliesFirst.com or at some ATMs.

During this difficult time, residents who need food assistance can visit and apply for SNAP online at www.NJHelps.org. Human Services also has received federal approval to extend NJ SNAP recertification periods to six months for cases that are expiring in March, April and May. This means families receiving SNAP will not have benefit interruptions during that time.

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