New Jersey Income Tax 2026
New Jersey has a graduated income tax for 2026. The standard deduction is $0 (single) / $0 (married filing jointly). Graduated tax (1.4%-10.75%), one of the highest top US rates. Single/MFS use Rate Table A (7 brackets); MFJ/HoH/QSS use Rate Table B (8 brackets - includes an extra 2.45% rung at $50k-$70k and wider lower brackets). The 8.97% rate spans $500k-$1M and the top 10.75% rate begins OVER $1,000,000 for BOTH Single and MFJ (they share the same $1M top threshold; MFJ does NOT hit 10.75% earlier). NO standard deduction - instead NJ allows a $1,000 personal exemption per filer/spouse/dependent ($1,500 per dependent), plus extra $1,000 for age 65+/blind/disabled. NO local/city income tax (Newark payroll tax is on employers, not a personal income tax like NYC's). Social Security benefits are FULLY EXEMPT from NJ income tax. Pension/retirement income exclusion: up to $100,000 MFJ / $75,000 single / $50,000 MFS for those 62+ with gross income at/under $150,000 (phased exclusion tiers between $100k-$150k). Property tax deduction up to $15,000 or $50 credit. NJ EITC = 40% of federal. A bill (S4930) proposed converting to a flat tax but is not enacted; the graduated schedule above remains in effect for TY2026.
New Jersey tax brackets (single, 2026)
| Taxable income | Rate |
|---|---|
| $0 - $20,000 | 1.40% |
| $20,000 - $35,000 | 1.75% |
| $35,000 - $40,000 | 3.50% |
| $40,000 - $75,000 | 5.53% |
| $75,000 - $500,000 | 6.37% |
| $500,000 - $1,000,000 | 8.97% |
| $1,000,000+ | 10.75% |
Tax on common incomes in New Jersey (2026, single)
| Income | State tax | Take-home |
|---|---|---|
| $20,000 | $280 | $17,800 |
| $25,000 | $368 | $21,830 |
| $30,000 | $455 | $25,830 |
| $35,000 | $543 | $29,760 |
| $40,000 | $718 | $33,603 |
| $45,000 | $994 | $37,344 |
| $50,000 | $1,270 | $41,085 |
| $55,000 | $1,546 | $44,826 |
| $60,000 | $1,823 | $48,568 |
| $65,000 | $2,099 | $52,309 |
2026 figures. Source: New Jersey Department of Revenue + Tax Foundation. Not tax advice.