NJ-1040-HW: Property Tax Credit Application and Wounded Warrior Caregivers Credit Application (2024)

Who files this form

Form NJ-1040-HW is an application for the 2024 Property Tax Credit, Wounded Warrior Caregivers Credit, or both.

Do not file this application if:

• You file a 2024 New Jersey resident return, Form NJ-1040.
• Your income, excluding Social Security income, is more than $20,000, or more than $10,000 if you are single or married/CU partner filing separately. The form says you must file Form NJ-1040 instead.

For the Property Tax Credit, you must have owned or rented a New Jersey main home during 2024 on which property taxes or rent were paid. You are not eligible if you and your spouse/CU partner answered “No” to all questions about being age 65 or older, blind, or disabled on December 31, 2024.

For the Wounded Warrior Caregivers Credit, you must have provided care for a relative who was a qualifying armed services member. The form refers to instructions for that definition, but those instructions are not included in the supplied text.

What you'll need

Have the following information ready:

• Your Social Security number and, if filing jointly, your spouse’s/CU partner’s Social Security number.
• Your name, home address, filing status, and county/municipality code. The form refers to the table on page 52 for the code.
• Your New Jersey residency dates during 2024 if you were a part-year resident.

For the Property Tax Credit, you may be asked to provide proof of property taxes or rent paid on your main home.

For the Wounded Warrior Caregivers Credit, you need the qualifying service member’s name, Social Security number, relationship to you, and 2024 federal disability compensation amount. If there were other caregivers, you also need your percentage of total care expenses for the year. You may be asked for proof supporting your claim.

How to file

1. Enter your identification, address, filing status, and residency information.
2. Complete Part I for the Property Tax Credit, Part II for the Wounded Warrior Caregivers Credit, or both parts if applying for both credits.
3. Sign and date the application. Your spouse/CU partner must also sign if you file jointly.
4. Mail the application to:

NJ Division of Taxation

Revenue Processing Center

PO Box 555

Trenton, NJ 08647-0555

Common mistakes

• Filing this application along with Form NJ-1040. The form says not to use NJ-1040-HW if you file a 2024 New Jersey resident return.
• Ignoring the income limits. Exclude Social Security income when checking the limits printed on the form.
• Selecting multiple answers on line 7. Fill in only one oval. Choose “Both” if you were both a homeowner and a tenant during the year.
• Completing Part II after answering “No” on line 9. The form says you are not eligible for that credit and should not complete Part II.
• Missing a joint filer’s signature. Your spouse’s/CU partner’s signature is required when filing jointly.

Questions people ask

Can I use this form for just one credit?

Yes. Complete Part I for the Property Tax Credit or Part II for the Wounded Warrior Caregivers Credit. Complete both parts if applying for both.

Does Social Security income count toward the form’s income limits?

No. The form excludes Social Security income when applying its income limits.

Can a renter apply for the Property Tax Credit?

The form includes tenants who paid rent on a New Jersey main home during 2024. It also asks whether you or your spouse/CU partner were age 65 or older, blind, or disabled on December 31, 2024. If all those answers are “No,” you are not eligible.

What if I shared caregiving expenses with another caregiver?

Answer “No” on line 11 and enter your percentage of total care expenses for the year. On line 12, multiply the amount on line 10c by that percentage.

Official sources

• https://www.nj.gov/treasury/taxation/pdf/other_forms/tgi-ee/2024/1040hw.pdf