New Jersey Administrative Code
Title 18 - TREASURY - TAXATION
Chapter 35 - NEW JERSEY GROSS INCOME TAX
Subchapter 6 - EXTENSION OF TIME TO FILE; RETURN REQUIREMENTS
Section 18:35-6.1 - Extension of time to file New Jersey gross income tax return
Current through Register Vol. 56, No. 18, September 16, 2024
(a) A taxpayer may obtain an extension of time to file the New Jersey gross income tax return Form NJ-1040 or Form NJ-1040NR for a period of six months and Form NJ-1041 for a period of five months beyond the original due date, providing that the requirements of (b) below are satisfied. Extensions beyond the previously stated five or six months from the original due date of the return will be granted only in cases where the Director determines that exceptional circumstances exist.
(b) The extension of time to file a New Jersey gross income tax return will be granted only if, by the original due date of the return, the taxpayer has paid in, either through withholdings, estimated payments, or a payment made with the Application for Extension of Time to File, at least 80 percent of the tax liability computed on the New Jersey gross income tax return when filed, and:
(c) A taxpayer shall file Form NJ-630, Application for Extension of Time to File New Jersey Gross Income Tax Return, only if:
(d) Failure to satisfy either the 80 percent payment requirement of (b) above by the original due date of the return, or to file the gross income tax return by the extended due date, will result in the retroactive denial of the extension as of the original due date of the return. In those cases, the taxpayer will be subject to interest, late filing penalties, and late payment penalties from the original due date of the return, as described in (e) and (f) below.
(e) A taxpayer who has not satisfied the 80 percent payment requirement of (b) above, or who fails to file the gross income tax return by the extended due date, will be subject to the following late filing penalties (see 54:49-4) :
(f)The extension set forth under 54A:8-1.b and regulated in this section is an extension of time to file a gross income tax return. It is not an extension of time to pay any tax that may be due. Consequently, a taxpayer who makes a payment of tax after the original due date of the return, with or without an extension of time to file, will be subject to the following late payment penalty and interest: