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Depositing and Reporting Withheld Taxes: New Jersey

Depositing and Reporting Withheld Taxes requirements for other states

Federal law and guidance on this subject should be reviewed together with this section.

Author: Vicki M. Lambert, The Payroll Advisor

Summary

  • Weekly, monthly and quarterly income tax deposit thresholds and schedules apply to New Jersey employers. See Deposit Thresholds and Schedules.
  • All employers are required to file a quarterly return regardless of the amount of tax due, and a report of wages paid, by the 30th day of the month following the end of the quarter. See Forms.
  • Due dates for depositing and filing withheld taxes vary depending on whether the employer is a weekly, monthly or quarterly payer. Penalties are imposed for noncompliance. See Deposit and Filing Due Dates.
  • All employers are required to file a year-end reconciliation form, along with the state copy of federal Form W-2, Wage and Tax Statement, by the last day in February following the end of the calendar year. See Annual Reconciliation Forms and Filing Deadlines.
  • New Jersey employers may file Forms W-2 electronically, according to Social Security Administration specifications. See Electronic and Magnetic Media Form W-2 Reporting Requirements.