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OT: NJ Anchor payments have started

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Retired711

Heisman
Nov 20, 2001
19,971
10,152
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I got a direct deposit today of my NJ Anchor payment, so clearly payments have started. It is clear that the payment does not constitute income for New Jersey tax purposes. I don't know whether there has been a determination of whether it is taxable for federal tax purposes.
 
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BIGRUBIGDBIGredmachine

Heisman
Jan 12, 2015
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R

Retired711

Heisman
Nov 20, 2001
19,971
10,152
58
retired711 said:
I got a direct deposit today of my NJ Anchor payment, so clearly payments have started. It is clear that the payment does not constitute income for New Jersey tax purposes. I don't know whether there has been a determination of whether it is taxable for federal tax purposes.
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It is not considered income for federal tax purposes. BTW, moderators, thanks for cleaning up this thread!
 
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thegock

thegock

All-Conference
Jul 30, 2012
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The best plan is to have a high AGI to not have to worry about these.
 
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