The New Jersey Division of Taxation is offering significant financial relief to eligible homeowners and renters through the ANCHOR program. This initiative aims to offset property tax burdens by providing payments ranging from $450 to $1,750, depending on eligibility criteria such as income and residency status.
Who Can Benefit from the $1750 Stimulus Checks?
The program is designed to assist New Jersey residents who meet the following conditions:
Residency and Ownership: You must have owned or rented a primary residence in New Jersey on October 1, 2021.
Income Requirements:
Homeowners earning less than $150,000 may receive up to $1,750.
Those earning between $150,001 and $250,000 may qualify for $1,500.
Renters earning up to $150,000 are eligible for payments ranging from $450 to $700, depending on income.
Special consideration is given to seniors aged 65 and older, who may qualify for the maximum payment of $1,750.
How to Apply
Applications for this one-time payment must be submitted by December 6, 2024. Here’s how you can apply:
Online Application: Visit the official New Jersey Division of Taxation website at www.nj.gov to apply.
By Mail: Instructions for mail-in applications are also available on the website.
Check Your Application Status:
Navigate to the “Check Benefit Status” section on the website.
Enter your Social Security number and postal code to track your application.
For assistance, you can call the ANCHOR hotline for guidance on completing your application.
Payment Details and Timeline
Once approved, payments will be directly deposited into beneficiaries’ bank accounts within 90 days. The streamlined process ensures timely disbursement, making it easier for residents to access much-needed property tax relief.
Protect Yourself from Scams
The New Jersey Division of Taxation emphasizes that all updates and communications about the $1750 Stimulus Checks are made exclusively through official channels. Be cautious of unsolicited requests for personal information and rely on the Division of Taxation website for verified updates.
Quick Facts at a Glance
Authority New Jersey Division of Taxation
Program Name ANCHOR
Payment Amount $450 to $1,750
Eligibility Homeowners & Renters in NJ (2021)
Payment Method Direct Deposit to Bank Accounts
Application Deadline December 6, 2024
Official Website www.nj.gov
Frequently Asked Questions (FAQs)
1. Who is eligible for the $1750 Stimulus Checks?
New Jersey residents who owned or rented their primary residence in 2021, paid property taxes, and meet income criteria are eligible.
2. What is the application deadline?
Applications must be submitted by December 6, 2024.
3. How can I check my application status?
Visit the Division of Taxation website and use the “Check Benefit Status” tool by entering your Social Security number and postal code.
This program is a golden opportunity for New Jersey residents to alleviate property tax burdens. If you meet the eligibility criteria, don’t miss the chance to apply and secure your financial support.
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