What New Jersey Residents Must Pay in 2016 State Taxes

New Jersey residents and employers must pay local, state, and federal taxes. What other withholding requirements are mandated in New Jersey?

Withholding Requirements Register as an employer by filing Form NJ-REG which can be found here. Employee's Withholding Allowance Certificate - Form NJ W-4.

Withholding Method = formula.

Supplemental Rate = Add to regular wages for current or preceding payroll period, compute tax on total, and subtract tax withheld from regular wages.

Local Taxes Newark payroll taxes and quarterly 1.0% (employer). Contact the City of Newark-Payroll at (973)-733-3770.

State Tax Unemployment Insurance Reserve ratio formula. Contribution rate Schedule C:0.5% to 5.8%on $32,600 for 7/1/2016 to 6/30/2017.
New employers use 2.8% for 7/1/2016 to 6/30/2017. Workers use 0.4250% on $32,600 for 7/1/2016 to 6/30/2017. Employee rate includes the following:
*0.00% -Health Care Subsidy Fund;
*0.3825% -Unemployment Compensation Fund;
*0.0425% -Workforce Development Fund.

State Disability Insurance Employer rate - new employers pay .5%. All others are experience rated with a wage limit of $32,600 for 2016. Employee rate - 0.20% on $32,600 for 2016. Family Leave Insurance: Employee rate - 0.08% up to the wage base of $32,600 for 2016.
State Labor Laws
Minimum wage - The minimum wage rate is $8.38 for 2016.
Termination Pay - Terminated/Quit - next regular payday.

Employers must report hiring, rehiring, and return to work within 15 days if through electronic media, otherwise 20 days on Form W-4 (Employees Withholding Allowance Certificate) to:
New Hire Operations Center
P.O. Box 4654 Trenton, NJ 08650-4654
Phone: 877-654-4737
Fax: 800-304-490
To report online, click here.

Remit Withholding for Child Support To New Jersey Family Support Payment Center
P.O. Box 4880 Trenton, NJ 08650-4880 800-559-3772
To report online, click here.

Reciprocal States Pennsylvania.

State Tax Resources Division of the Treasury - Department of Taxation.
Department of Labor and Workforce Development.