Nj Form A 3128 PDF Details

Are you looking to file a New Jersey Form A 3128, but don't know where to start? You're not alone! This form can be difficult for even experienced filers, as it requires knowledge of the ins and outs of federal and state tax law. We've put together this guide to help make the process easier, so you'll have your return filed in no time. In this post, we will provide an overview of what is included on NJ Form A 3128 - from who must file it to when it's due - plus answer some common questions about filing requirements so you can hit those submission deadlines with confidence!

QuestionAnswer
Form NameNj Form A 3128
Form Length3 pages
Fillable?No
Fillable fields0
Avg. time to fill out45 sec
Other namesnj claim for refund, how to new jersey form refund, nj vehicle refund form, taxpayer x payment

Form Preview Example

A-3128

(5-21)

New Jersey

Division of Taxation

Claim for Refund of the

Estimated Gross Income Tax Payment for the Sale of New Jersey Real Estate

For Official Use Only

Claim No.

To qualify for this refund, taxpayers must:

1)Attach a copy of the GIT/REP-3 form if they erroneously paid estimated tax and qualify for one of the exemptions listed on the GIT/REP-3; or

2)Attach documentation that they overpaid estimated tax based on calculated gain on sale of property.

Print or Type This Form.

Social Security Number(s)

Name of Taxpayer(s):

Last

First

Middle

 

 

 

 

Current Address of Taxpayer(s):

 

Number and Street

 

 

 

 

 

City

 

State

ZIP Code

 

 

 

 

Address of Property Sold:

 

Number and Street

 

 

 

 

 

City

 

State

ZIP Code

Property Use:

Personal

Vacation

Rental

Business

Use the Schedule below to determine your estimated tax liability.

Taxpayers who submitted an erroneous payment and qualify for an exemption on the GIT/REP-3, Seller’s Residency Certification/ Exemption, enter $0. A completed copy of the GIT/REP-3 Form indicating your exemption status must be attached.

Date Sold:

 

 

 

 

 

 

 

Sale Price:

$

 

 

 

 

Date Purchased:

 

 

 

 

 

Federal Adjusted Basis:

$

Percentage Owned:

 

 

Net Gain/Loss:

$

 

 

 

 

 

 

 

 

(If Net Loss - enter $0.)

 

Estimated Gross Income Tax Payment submitted:

$

Applicable Tax Year:

 

 

 

$

** Estimated Tax Liability Due:

 

 

Tax Rate Table

Net Gain

But Not

 

 

 

Estimated

Over

Over

Multiply

Net Gain

By

Tax Liability

$0

$20,000

x

 

0.014

 

$20,000

$35,000

x

 

0.0175

 

$35,000

$40,000

x

 

0.035

 

$40,000

$75,000

x

 

0.05525

 

$75,000

$500,000

x

 

0.0637

 

$500,000

$1,000,000

x

 

0.0897

 

$1,000,000

and over

x

 

0.1075

 

Amount of Refund Claim:

$

Additional Information may be requested in order to complete your claim for a refund. The Division must have a record of receiving the “Estimated Gross Income Tax Payment submitted” before your claim can be processed.

**Payment of the Estimated Tax Liability does not relieve you of your responsibility to file the required return, nor does it close the tax year covered. The tax year remains open until the required return has been filed and accepted; all tax, penalties, and interest charges have been paid; and the statutory audit period has expired.

Appointment of Taxpayer Representative

If this form is being prepared by anyone other than the taxpayer(s), an Appointment of Taxpayer Representative must be included.

Under penalties of perjury, I declare that I have examined this claim, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer is based on all information of which preparer has any knowledge.

Signature of Claimant(s)/Preparer:

 

Date:

 

If the preparer of this claim has been paid, indicate the firm’s name, address, the firm’s federal EIN and the preparer’s Social Security number, federal identification number, or federal preparer tax identification number.

Firm’s Name:

Firm’s Address:

Preparer’s SS # or Federal PTIN:

Preparer’s Federal EIN:

Mail this claim form along with the Settlement Statement (HUD-1) or Closing Disclosure form to:

Division of Taxation

Taxpayer Accounting Branch

P.O. Box 046

Trenton, N.J. 08646-0046

Instructions for Form A-3128

Note: Use this form to claim a refund. Do not use form GIT/REP-4 to claim a refund.

1.This form is to be completed by nonresident individuals, estates, or trusts to claim a refund of estimated Gross Income Tax payment paid under provisions of N.J.S.A. 54A:8-8 through N.J.S.A. 54A:8-10. This form can only be filed with the Division of Taxation after the recording of the deed with the county clerk.

2.Separate forms must be used for each taxpayer, except for husband and wife who file jointly.

3.Include taxpayer’s current address or address where refund should be mailed.

4.Include the address of property sold and the amount of refund being requested.

5.Check box indicating type of property use.

6.Include the date of sale, sale price, date of purchase, federal adjusted basis, percentage owned, and net gain/loss of the property sold.

7.Calculate and enter the estimated tax liability using the table provided on the form. Taxpayers who submitted an erroneous payment and qualify for an exemption on the GIT/REP-3 form, Seller’s Residency Certification/Exemption, enter $0. A completed copy of the GIT/REP-3 indicating your exemption status must be attached.

Example:

Date Sold: 2/4/20

Sale Price:

$315,000

Date Purchased: 9/21/16

Federal Adjusted Basis:

$279,000

Percentage Owned: 100%

Net Gain/Loss:

$36,000

 

(If Net Loss, enter $0.)

 

 

 

Estimated Gross Income Tax Payment submitted:

$6,000

** Estimated Tax Liability Due:

 

$1,260

Amount of Refund Claim:

 

$4,740

Tax Rate Table

Net Gain

But Not

 

 

 

Estimated

Over

Over

Multiply

Net Gain

By

Tax Liability

$0

$20,000

x

 

0.014

 

$20,000

$35,000

x

 

0.0175

 

$35,000

$40,000

x

$36,000

0.035

$1,260

$40,000

$75,000

x

 

0.05525

 

$75,000

$500,000

x

 

0.0637

 

$500,000

$1,000,000

x

 

0.0897

 

$1,000,000

and over

x

 

0.1075

 

8.Include the estimated Gross Income Tax payment submitted. Payment of the Estimated Tax Liability does not relieve you of your responsibility to file the required return nor does it close the tax year covered. The tax year remains open until the required return has been filed and accepted; all tax, penalties, and interest charges have been paid; and the statutory audit period has expired.

9.Enter the amount of the net refund being claimed.

10.Whenever an agent on behalf of the taxpayer executes a claim, an Appointment of Taxpayer Representative specifically authorizing such agent to act on behalf of the taxpayer must accompany the claim for refund form.

11.Mail this claim for refund along with the Settlement Statement (HUD-1) or Closing Disclosure form to:

New Jersey Division of Taxation

Taxpayer Accounting Branch

PO Box 046

Trenton, NJ 08646-0046

12.Failure to complete all required lines on Form A-3128 or to attach required documentation will result in the claim being rejected as incomplete. Incomplete claims will be returned. Claims will not be deemed filed until the Division of Taxation receives a properly completed claim form along with the required documentation.

How to Edit Nj Form A 3128 Online for Free

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This PDF doc will need specific information; in order to ensure accuracy, please make sure to consider the following recommendations:

1. It's vital to fill out the a 3128 correctly, so take care when filling in the parts containing these fields:

Stage no. 1 for filling in nj a 3128

2. Right after the last section is filled out, go to type in the applicable details in all these: Property Use, Personal, Vacation, Rental, Business, Use the Schedule below to, Date Sold, Sale Price, Date Purchased, Federal Adjusted Basis, Percentage Owned, Net GainLoss If Net Loss enter, Estimated Gross Income Tax Payment, Applicable Tax Year, and Estimated Tax Liability Due.

The best way to fill in nj a 3128 part 2

3. The following segment is focused on Under penalties of perjury I, Signature of ClaimantsPreparer, Date, If the preparer of this claim has, Firms Name, Firms Address, Preparers SS or Federal PTIN, Preparers Federal EIN, Mail this claim form along with, Division of Taxation, Taxpayer Accounting Branch, PO Box, and Trenton NJ - type in these empty form fields.

nj a 3128 completion process outlined (step 3)

Those who work with this PDF frequently make errors when completing Division of Taxation in this area. Ensure you read twice what you enter right here.

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