I cannot locate the seller to have him or her fill out the Seller's Affidavit. You should enclose a copy of the cash receipt, canceled check, or money order. You should provide a detailed letter regarding the transaction, provide the seller's name, and contact information, if available. Your information will be reviewed. However, if you cannot provide acceptable proof of the vehicle purchase price, you may be assessed Sales Tax based on the National Automobile Dealers Association N.
I am a sole proprietor, and I transferred a vehicle from my name to my business name. Is Sales Tax due on that transfer? As a sole proprietor you would not have to pay any additional tax on that transfer. Complete the Questionnaire and Affidavit along with attaching any supporting documentation of the transfer.
A vehicle was purchased from a leasing company at the end of the lease period. What documents should I submit? You should submit a copy of the lease purchase agreement that indicates the buyout figure and the amount of tax paid by the lessee. Yes, if there was any payment, barter, exchange, or service for a vehicle. If there was a lien on the vehicle, then Sales Tax is due on the loan amount assumed.
No tax is due if the corporation was dissolved before the transfer and the vehicle was transferred to a stockholder as a liquidating dividend. If that is the case, submit a copy of the tax clearance certificate. How can I obtain proof of Sales Tax paid to the dealer when the vehicle was purchased? You can find this information on the documents you received from the dealer when you purchased the vehicle.
You can request Form DO by calling The following are only general guidelines. For questions about whether a specific purchase of an aircraft is taxable, you may contact the Casual Sales Unit at The purchase of an airplane may be subject to tax under N. The Sales and Use Tax Act defines a casual sale as one which is " Examples of prior use of an aircraft by the previous owner that would cause the transaction to be taxable:.
I am not a resident of New Jersey and want to store my airplane in New Jersey. However, you are a New Jersey resident for Sales and Use Tax purposes if you answer "yes" to any of the following questions:. Do I have to pay Sales Tax on the purchase? To document the exemption on the purchase of the aircraft, you should issue the seller a fully completed resale certificate. I am going to purchase an airplane out-of-state. If I bring the airplane back to New Jersey, is this taxable? An aircraft used by the prior owner for personal use is not taxable.
I am a New Jersey resident who purchased an airplane that I will keep in Delaware. If you are keeping the airplane in a Delaware hanger, then tax is not due to New Jersey since this is not a New Jersey transaction. However, if you bring this airplane into New Jersey, you would owe Use Tax based on the value of the airplane at the time you brought it into this State, unless a valid exemption applies. Subsequent transfers qualify as casual sales under the law and tax is not due as long as both owners used the airplanes for their own personal use.
In other words, if the money is deposited in a broker's account for later disbursement, this will render the broker a dealer because the broker will then be acting as a reseller. If the broker simply connects the buyer and the seller for a fee, the buyer pays the seller directly and the airplane had been purchased for the seller's own use.
This is a casual sales transaction and no tax is due. I purchased an airplane out-of-state and I had to make payment through an escrow agent. Is this taxable? No, this is not a taxable transaction. The Casual Sales Unit handles all aircraft transactions. You can contact the unit at A boat or other vessel is a means of conveyance for travel on water and propelled otherwise than by muscular power, such as a motorboat, sailboat, yacht, and cruiser. More information is available at "Head Boat" Exemption.
Sales, rentals, and leases of these items are subject to the full Sales Tax rate unless another statutory exemption applies e. Sales, rentals, and leases of canoes and kayaks are subject to the full Sales Tax rate unless another statutory exemption applies e. Does the partial Sales Tax exemption half of the applicable Sales Tax rate apply to services, parts, and labor? The law only applies to sales, rentals, and leases of boats or other vessels. Charges for all services repairs, maintenance, etc.
The price for the trailer must be separately stated on the invoice for the boat or other vessel or the entire sales price will be subject to the full Sales Tax rate. The Sales and Use Tax Act defines delivery charges as charges by the seller for preparation and delivery to a location designated by the purchaser of personal property or services including, but not limited to, transportation, shipping, postage, handling, crating, and packing.
By law, delivery charges are part of the sales price of tangible personal property. What is the tax treatment of sales of boats and other vessels that occurred prior to a law that took effect on February 1, ? If the boat or other vessel is sold and physical delivery or transfer of title took place before February 1, , the full Sales Tax rate applies.
If the boat or other vessel is sold but physical delivery or transfer of title took place on or after February 1, , the Sales Tax rate is half of the applicable. This applies whether or not payment has been made in whole or in part prior to delivery. What is the tax treatment if the sale of the boat or other vessel occurs in Salem County or an Urban Enterprise Zone?
Qualified sales of boats and other vessels in Salem County or in an Urban Enterprise Zone already are entitled to a partial Sales Tax exemption half of the applicable Sales Tax rate.
The law does not allow a further reduction of this already reduced rate. Yes, you may apply for a refund of Sales Tax paid to either the seller or the Division of Taxation.
To request a refund from the Division, file a Claim for Refund Form A within four years from the date you paid the Sales Tax and enclose all supporting documentation of the tax paid.
We will refund the Sales Tax as long as the tax was erroneously or illegally, or was collected or paid unconstitutionally. Show Alerts. COVID is still active. Wear a mask. Social distance. Stay up to date on vaccine information. Visit: covid Vaccine Appointment Support. Visit covid Tropical Storm Ida Recovery. Help Available. Division of Taxation. You can get information about your New Jersey Income Tax refund online or by phone.
This service is available 7 days a week hours may vary. You will need the Social Security number that was listed first on your return and the amount of the refund requested when you call. Filing I received only one State copy of my W-2, and I have more than one state return to file. I filed electronically. Do I have to send you my W-2 form s? Why did didn't I receive a Form from New Jersey? I made a mistake when I filed my New Jersey return.
How do I correct it? Deductions Is the federal deduction for general sales taxes paid applicable for New Jersey Income Tax purposes? New Jersey law does not allow a deduction from income for sales taxes paid. Miscellaneous How do I know if my New Jersey tax return was received?
Have the New Jersey Income Tax rates changed this year? No, the New Jersey Income Tax rates have not changed for For more information, see the following: New Jersey tax table and tax rate schedules used to calculate the amount of Income Tax due on returns.
New Jersey withholding tables. How can I get New Jersey tax forms? New Jersey Income Tax forms are available on our website. Sorry your browser does not support inline frames. To follow the progress of your refund, enter your Social Security number and the amount of the refund as listed on your tax return.
Then select the appropriate tax year: Social Security Number:. Requested Refund Amount:. Wait 12 weeks to check your refund if you filed a paper return. Processing includes: 1. Transferring information from returns to New Jersey's automated processing system; 2. New Member. Is anyone else still waiting for their NJ tax refund? I filed in early Feb. Topics: TurboTax Deluxe Online.
NJ is by far the slowest state in the tri-state to get your return back to you I too filed early Feb but they are not even processing that early so it's pointless. We're already getting screwed because of the SALT caps so this is just the icing on top. They are really making it difficult to justify living in NY,NJ,CT might as well move and make less money elsewhere and enjoy the lower cost of living. Level NJ just started issuing refunds on March 1, ; and it usually takes about 30 days after that.
I filed on Feb. I filed first week of Feb and I thought that it should only take 4 weeks if we filed electronically? I filed mine by the end of January and mine also has been stuck in processing since it was accepted.
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