Nj Form Ptr 1 PDF Details

In the state of New Jersey, the Senior Freeze (Property Tax Reimbursement) Application, known as the PTR-1 form, emerges as a vital financial resource for qualifying seniors and individuals with disabilities. This comprehensive program aims to provide eligible residents with reimbursement for property tax increases on their principal residence. The form requires applicants to furnish their social security numbers, and it meticulously scrutinizes applicant eligibility through various criteria including age or disability, income levels, marital/civil union status, and continuous residency in New Jersey. To be eligible, an individual, along with their spouse or civil union partner, must meet age or disability requirements for the specified tax years, have been a New Jersey resident for a set period, and have lived in and owned the same home by certain specified dates. Additionally, financial thresholds set for annual income must not be exceeded for either of the years in question. The PTR-1 form also necessitates detailed documentation of property taxes paid, ensuring only those who have adequately contributed to municipal finances receive reimbursements. This form not only serves as an application but also as a formal declaration of eligibility for the Senior Freeze program, requiring accurate and truthful disclosure of all requested information. The intricacies of the form reflect New Jersey's commitment to supporting its senior and disabled residents through stabilizing property tax expenses, thus enabling them to maintain their homes affordably.

QuestionAnswer
Form NameNj Form Ptr 1
Form Length4 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min
Other namesptr nj tax, form ptr 2, ptr 1, form ptr 1a

Form Preview Example

PTR-1

You must enter your Social Security number below

New Jersey

2020 Senior Freeze

(Property Tax Reimbursement) Application

Place preprinted label below ONLY if the information is correct.

Otherwise print or type your name and address.

InstructionsSee

Your Social Security Number

 

 

 

 

 

 

Last Name, First Name, Initial (Joint Filers enter first name and middle initial of each. Enter

 

 

 

 

 

 

 

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spouse’s/CU partner’s last name ONLY if different.)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Act Notification,

Spouse’s/CU Partner’s SSN

Home Address (Number and Street, including apartment number)

 

 

 

 

 

 

 

-

 

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

County/Municipality Code (See instructions)

City, Town, Post Office

State

ZIP Code

For Privacy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This is a four-page application. You must complete all four pages. Fill in ovals completely.

PROOF OF AGE OR DISABILITY FOR 2019 AND 2020 MUST BE SUBMITTED WITH APPLICATION

Age 65 or Older: Copy of one – Birth Certificate, Driver’s License, Church Records

Receiving Federal Social Security Disability Benefits: Copy of Social Security Award Letter

See instructions for more information.

Marital/Civil Union Status

1.Your Marital/Civil Union Status on December 31, 2019:

2.Your Marital/Civil Union Status on December 31, 2020:

Single

Single

Married/CU Couple

Married/CU Couple

Age/Disability Status

3a.

On December 31, 2019, were you age 65 or older?

Yourself

 

 

Spouse/CU Partner

3b.

On or before December 31, 2019, were you actually

Yourself

 

receiving federal Social Security disability benefit

Spouse/CU Partner

 

payments?

 

4a.

On December 31, 2020, were you age 65 or older?

Yourself

 

 

Spouse/CU Partner

4b.

On or before December 31, 2020, were you actually

Yourself

 

receiving federal Social Security disability benefit

Spouse/CU Partner

 

payments?

 

Yes Yes

Yes Yes

Yes Yes

Yes Yes

No No

No No

No No

No No

Applicant(s) must meet the age or disability requirements for both 2019 and 2020. If neither you nor your spouse/CU partner met the requirements, you are not eligible for the reimbursement, and you should not file this application. See “Eligibility Requirements” on page 1 of instructions.

Residency Requirements

5.Have you lived in New Jersey continuously since December 31, 2009, or earlier as either a homeowner or a renter?

Yes

No

If “No,” STOP. You are not eligible for the reimbursement, and you should not file this application.

6.Have you owned and lived in the same New Jersey home since December 31, 2016, or earlier? (Mobile Home Owners, see instructions)

Yes

No

If “No,” STOP. You are not eligible for the reimbursement, and you should not file this application.

PTR-1 (2020) Page 2

Name(s) as shown on Form PTR-1

Your Social Security Number

Determining Total Income (Line 7): Enter your annual income for 2019. See “Income Standards” and “Determining Total Income” in the instructions for information on sources of income and how to determine the amount to report. If you had no income in a category, leave that line blank. Losses in one category of income cannot be used to reduce total income. If you have a net loss in any income category, leave that line blank. If you were married or in a civil union as of December 31 of 2019 and living in the same home, combine your incomes for that year. If you lived in separate homes, file as “Single.”

2019 Income

a.Social Security Benefits (including Medicare Part B premiums) paid to or on behalf of applicant. Enter total

 

amount from Box 5 of Form SSA-1099 or Form RRB-1099

....... a.

b. Pension and Retirement Benefits (including IRA and

 

 

 

 

 

 

 

 

 

annuity income) See instructions for calculating amount

b.

c. Salaries, Wages, Bonuses, Commissions, and Fees

c.

d. Unemployment Benefits

d.

e. Disability Benefits, whether public or private (including

 

 

 

 

 

 

 

 

 

veterans’ and black lung benefits)

e.

f.

Interest (taxable and exempt)

f.

g.

Dividends

g.

h.

Capital Gains

h.

i.

Net Rental Income

i.

j.

Net Profits From Business

j.

k.

Net Distributive Share of Partnership Income

k.

l.

Net Pro Rata Share of S Corporation Income

l.

m. Support Payments

m.

n. Inheritances, Bequests, and Death Benefits

n.

o. Royalties

o.

p. Gambling and Lottery Winnings (including New

 

 

 

 

 

 

 

 

 

Jersey Lottery)

p.

q. All Other Income

q.

 

 

 

 

 

 

 

 

 

7. Enter total 2019 income on line 7. (Add lines a-q)

 

7.

 

 

 

 

 

 

 

 

 

 

 

 

 

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Was your total 2019 income on line 7 $91,505 or less?

Yes. See 2020 income eligibility.

No. STOP. You are not eligible for the reimbursement, and you should not file this application.

PTR-1 (2020) Page 3

Name(s) as shown on Form PTR-1

Your Social Security Number

Determining Total Income (Line 8): Enter your annual income for 2020. See “Income Standards” and “Determining Total Income” in the instructions for information on sources of income and how to determine the amount to report. If you had no income in a category, leave that line blank. Losses in one category of income cannot be used to reduce total income. If you have a net loss in any income category, leave that line blank. If you were married or in a civil union as of December 31 of 2020 and living in the same home, com- bine your incomes for that year. If you lived in separate homes, file as “Single.”

2020 Income

a.Social Security Benefits (including Medicare Part B premiums) paid to or on behalf of applicant. Enter total

 

amount from Box 5 of Form SSA-1099 or Form RRB-1099

....... a.

b. Pension and Retirement Benefits (including IRA and

 

 

 

 

 

 

 

 

 

annuity income) See instructions for calculating amount

b.

c. Salaries, Wages, Bonuses, Commissions, and Fees

c.

d. Unemployment Benefits

d.

e. Disability Benefits, whether public or private (including

 

 

 

 

 

 

 

 

 

veterans’ and black lung benefits)

e.

f.

Interest (taxable and exempt)

f.

g.

Dividends

g.

h.

Capital Gains

h.

i.

Net Rental Income

i.

j.

Net Profits From Business

j.

k.

Net Distributive Share of Partnership Income

k.

l.

Net Pro Rata Share of S Corporation Income

l.

m. Support Payments

m.

n. Inheritances, Bequests, and Death Benefits

n.

o. Royalties

o.

p. Gambling and Lottery Winnings (including New

 

 

 

 

 

 

 

 

 

Jersey Lottery)

p.

q. All Other Income

q.

 

 

 

 

 

 

 

 

 

8. Enter total 2020 income on line 8. (Add lines a-q)

 

8.

 

 

 

 

 

 

 

 

 

 

 

 

 

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Was your total 2020 income on line 8 $92,969 or less?

(See “Impact of State Budget” on page 1 of instructions, which explains how the state budget may reduce the income limit.)

Yes. Go to page 4.

No. STOP. You are not eligible for the reimbursement, and you should not file this application.

PTR-1 (2020) Page 4

Name(s) as shown on Form PTR-1

Your Social Security Number

Principal Residence (Main Home)

9. Status (fill in appropriate oval):

 

Homeowner

10.Homeowners: Enter the block and lot numbers of your 2020 main home.

Block

Lot

Mobile Home Owner

Qualifier

.

.

11a. Did you share ownership of this property with anyone other

than your spouse/CU Partner? (Mobile Home Owners, see instructions) ....

11b. If you answered “Yes,” indicate the share (percentage) of the property

owned by you (and your spouse/CU partner) (Mobile Home Owners,

see instructions) ..........................................................................................

12a. Did this property consist of multiple units? ...................................................

12b. If you answered “Yes,” indicate the share (percentage) of the property

that you (and your spouse/CU partner) used as your main home. ..............

2019

2020

 

 

 

 

 

 

 

 

Yes No

Yes

 

No

 

 

 

 

%

 

 

 

%

 

 

Yes

 

No

Yes No

 

 

 

 

%

 

 

 

%

 

 

 

 

 

 

 

If you answered “Yes” at line 11a or 12a, see instructions before completing lines 13 and 14.

Property Taxes

Proof of property taxes due and paid for 2019 and 2020 must be submitted with application. See instructions.

If you are claiming property taxes for additional lots, check box. (See instructions)

13.

Enter your total 2020 property taxes due and paid (including any

 

credits/deductions) on your main home. See instructions.

 

 

 

 

 

 

(Mobile Home Owners: Property taxes = total site fees paid 0.18)

13.

 

 

 

 

14.

Enter your total 2019 property taxes due and paid (including any

 

credits/deductions) on your main home. See instructions.

 

 

 

 

 

(Mobile Home Owners: Property taxes = total site fees paid 0.18)

14.

 

 

 

 

Reimbursement Amount (See “Impact of State Budget” on page 1 of instructions.)

15. Reimbursement. (Amount to be sent to you. Subtract line 14

 

from line 13)

15.

,

,

,

.

.

.

If line 15 is zero or less, you are not eligible for a reimbursement, and you should not file this application.

SIGN HERE

If enclosing copy of death certificate for deceased applicant, check box. (See instructions)

Under penalties of perjury, I declare that I have examined this Senior Freeze (Property Tax Reimbursement) Application, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. If prepared by a person other than applicant, this declaration is based on all information of which the preparer has any knowledge.

Your Signature

Date

 

Spouse’s/CU Partner’s Signature (if filing jointly, BOTH must sign)

Your daytime telephone number and/or email address (optional)

Paid Preparer’s Signature

 

Federal Identification Number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Firm’s name

 

Firm’s Federal Employer Identification Number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Due Date: November 1, 2021 Mail your completed application to :

NJ Division of Taxation Revenue Processing Center Senior Freeze (PTR)

PO Box 635

Trenton, NJ, 08646-0635

Senior Freeze (PTR) Hotline: 1-800-882-6597

Division Use

1

2

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4

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6

7. .

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This document will require particular details to be filled in, therefore you should definitely take whatever time to enter precisely what is expected:

1. The how to nj ptr 1 involves specific information to be entered. Be sure the following fields are complete:

How you can prepare 2020 form ptr 1 part 1

2. Given that the last segment is completed, you'll want to insert the needed details in b On or before December were you, receiving federal Social Security, SpouseCU Partner, a On December were you age or, Yourself SpouseCU Partner, Yes Yes, Yes Yes, No No, No No, receiving federal Social Security, b On or before December were you, SpouseCU Partner, Yes Yes, No No, and Residency Requirements Have you so you can move forward to the next part.

2020 form ptr 1 conclusion process clarified (stage 2)

Those who use this form frequently get some things wrong when filling out Yes Yes in this area. Be certain to revise whatever you type in right here.

3. Completing PTR Page, Determining Total Income Line, Income, a Social Security Benefits, c Salaries Wages Bonuses, d Unemployment Benefits d e, veterans and black lung benefits e, and f Interest taxable and exempt f is essential for the next step, make sure to fill them out in their entirety. Don't miss any details!

Determining Total Income Line, veterans and black lung benefits e, and f Interest taxable and exempt f in 2020 form ptr 1

4. To move ahead, the following step involves typing in a handful of blanks. Examples include f Interest taxable and exempt f, g Dividends g, h Capital Gains h, i Net Rental Income i, j Net Profits From Business j, k Net Distributive Share of, l Net Pro Rata Share of S, m Support Payments m, n Inheritances Bequests and Death, o Royalties o p Gambling and, Jersey Lottery p, q All Other Income q, Enter total income on line Add, and Was your total income on line, which you'll find integral to carrying on with this document.

How one can fill in 2020 form ptr 1 portion 4

5. The form has to be completed by filling in this section. Further you will find an extensive list of fields that require appropriate information for your document submission to be accomplished: Yes See income eligibility No.

Yes See income eligibility No, Yes See income eligibility No, and Yes See income eligibility No of 2020 form ptr 1

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