Schedule ABC - 2007 - State of New Jersey-2026

1. Click ‘Get Form’ to open Schedule ABC in the editor.
2. Begin by entering your name as shown on Form NJ-1040 in the designated field at the top of the form.
3. Input your Social Security Number in the appropriate section to ensure accurate identification.
4. For claiming credits for income taxes paid to other jurisdictions, complete Line 1 by indicating the name of the jurisdiction and entering the income taxed there.
5. On Line 2, enter your income subject to tax by New Jersey, which you can find from Line 28 of Form NJ-1040.
6. Calculate the Maximum Allowable Credit Percentage on Line 3 by dividing Line 1 by Line 2.
7. Continue filling out subsequent lines, ensuring you follow instructions for property tax deductions and any applicable credits based on your eligibility.

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