NJ 1040 - Schedule NJ-COJ - Credit for Income or Wage Taxes Paid-2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering your name(s) as shown on Form NJ-1040 and your Social Security Number at the top of the form.
3. In Section 1, input the jurisdiction name where you paid income or wage taxes. Ensure that you do not combine income taxed by multiple jurisdictions.
4. For Section 2, enter the income subject to tax by New Jersey from line 29 of your NJ-1040.
5. Calculate the maximum allowable credit percentage in Section 3 by dividing line 1 by line 2.
6. Proceed to Section 4 and enter your taxable income from line 39 of Form NJ-1040.
7. In box 5a, input the amount from Worksheet H, line 1. If applicable, complete column B based on property tax eligibility.
8. Complete lines for New Jersey Taxable Income and calculate tax using the Tax Table or Tax Rate Schedules in Section 7.
9. Multiply the tax amount from line 7 by the credit percentage calculated earlier to find your allowable credit in Section 8.
10. Finally, enter any taxes paid to other jurisdictions in box 9a and determine your credit allowed based on previous calculations.

Start using our platform today to easily fill out your NJ forms online for free!