S2521 — Permits taxpayers to deduct the total amount of State property taxes paid on principal residence from gross income tax obligation.

S2521 — Permits taxpayers to deduct the total amount of State property taxes paid on principal residence from gross income tax obligation. · Informed CitizenryThis legislation allows New Jersey residents to deduct the full amount of state property taxes paid on their primary home when calculating their taxable income for state income tax purposes. Curren…Open in Informed Citizenry