Form Nj-1040-Es - Estimated Tax Worksheet For Individuals - 2013 Page 3
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4-ES
2013 NJ-1040-ES
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2013 ESTIMATED TAX WORKSHEET FOR INDIVIDUALS
(Keep for your records) – DO NOT FILE
(Estates and trusts should use a 2012 Fiduciary Return, Form NJ-1041, to calculate estimated tax for 2013)
1.
TOTAL INCOME EXPECTED IN TAXABLE YEAR (before exclusions) .............................. 1. __________________
2.
TOTAL PENSION AND OTHER RETIREMENT INCOME EXCLUSION ............................. 2. __________________
3.
NEW JERSEY GROSS INCOME (Subtract Line 2 from Line 1) .......................................... 3. __________________
$1,000 ................................... 4a. _____________
4.
a. Number of Exemptions ______
b. Number of Exemptions ______
$1,500 ................................... 4b. _____________
To determine number of exemptions on Lines 4a and 4b
see instructions.
5.
Medical Expenses in excess of 2% (.02) of gross income (Line 3),
qualified Archer MSA contributions, and health insurance costs
of the self-employed ..................................................................... 5. _____________
6.
Alimony and separate maintenance payments ................................. 6. _____________
7.
Qualified Conservation Contribution ................................................. 7. _____________
8.
Health Enterprise Zone Deduction .................................................... 8. _____________
9.
Alternative Business Calculation Adjustment ...... ............................. 9. _____________
10.
Total exemptions and deductions (Add Lines 4a through 9) ................................................ 10. _________________
11.
Taxable Income (Subtract Line 10 from Line 3) ................................................................... 11. _________________
12.
Property Tax Deduction (See instructions NJ-1040) ............................................................ 12. _________________
13.
NEW JERSEY TAXABLE INCOME (Subtract Line 12 from Line 11) ................................... 13. _________________
14.
TAX – See Tax Rate Tables below ....................................................................................... 14. _________________
15.
Credit for income taxes paid to other jurisdictions ............................................................... 15. _________________
16.
BALANCE OF TAX (Subtract Line 15 from Line 14) ............................................................ 16. _________________
17.
New Jersey income tax withheld or to be withheld ........................... 17. _____________
18.
Other Credits (See instructions)........................................................ 18. _____________
19.
Total Payments/Credits (Add Lines 17 and 18).................................................................... 19. _________________
20.
ESTIMATED TAX (Subtract Line 19 from Line 16) .............................................................. 20. _________________
If the amount on Line 20 is more than $400, estimated tax payments are required.
21.
Computation of installments:
If first declaration is due to be filed on:
/
of Line 20 here
1
April 15, 2013 ................. enter
4
/
of Line 20 here
1
June 15, 2013 ................ enter
3
/
of Line 20 here, or
1
September 15, 2013....... enter
2
January 15, 2014 ........... enter full amount of Line 20 here
and in the space provided on your voucher ........................... 21. _________________
If you are applying an overpayment from 2012 to your 2013 estimated tax, see instructions.
Table A
Table B
Filing Status:
Filing Status:
Married/Civil Union Couple, Filing Joint Return
Single
Married/Civil Union Partner, Filing Separate Return
Head of Household
Qualifying Widow(er)/Surviving Civil Union Partner
Estates and Trusts
If Line 13 is:
If Line 13 is:
Multiply
Multiply
But Not
But Not
Over
Line 13 by:
Over
Over
Line 13 by:
Over
Subtract
Your Tax
Your Tax
Subtract
$
0
$ 20,000
.014
$
0
________
$
0 $
20,000
.014
$
0
_________
20,000
35,000
.0175
70.00
________
20,000
50,000
.0175
70.00
_________
35,000
40,000
.035
682.50
________
50,000
70,000
.0245
420.00
_________
40,000
75,000
.05525
1,492.50
________
70,000
80,000
.035
1,154.50
_________
75,000
500,000
.0637
2,126.25
________
.05525
80,000
150,000
2,775.00
_________
500,000
a nd over
.0897
15,126.25
________
150,000
500,000
.0637
4,042.50
_________
500,000 and over
.0897
17,042.50
_________
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