A4864 — Allows gross income taxpayers to claim deduction for certain losses for which federal theft loss deduction is allowed.

A4864 — Allows gross income taxpayers to claim deduction for certain losses for which federal theft loss deduction is allowed. · Informed CitizenryAssembly Bill 4864 allows New Jersey gross income taxpayers to deduct certain types of losses that are currently permitted under federal tax law, specifically those related to theft. Before this bi…Open in Informed Citizenry