New Jersey (NJ) – 2019

New Jersey

Minimum WageNew JerseyFederal
Minimum Wage$10.00*$7.25
Minimum Cash Wage (Tipped Employee)$2.63$2.13
Maximum Tip Credit$7.37*$5.12
State Income TaxNew JerseyFederal
Wage WithholdingTables
Supplemental Wage / Bonus RateNo provision, but for taxable wages over $500,000 withhold at 9.9%. For taxable wages over $5,000,000 withhold at 11.8%.
Unemployment InsuranceNew JerseyFederal
Maximum 2019 Taxable Earnings (Increased from $33,700 in 2018)$34,400
Employee 2019 Deduction (0.3825%-UI + 0.0425%-Workforce Dev/Supplemental Workforce)0.425%
Maximum Employee 2019 Deduction$146.20
Employer FY2020 Tax Rates (Includes Workforce Dev/Supplemental Workforce)0.4 – 5.4%
Standard FY2020 New Employer Rate (2.6825%-UI + 0.1175%-Workforce Dev/Supplemental Workforce)2.80%
Voluntary Contribution PermittedYes
Disability InsuranceNew JerseyFederal
Employee 2019 Deduction Rate0.17%
Maximum 2019 Employee Deduction$58.48
Employer FY2020 Tax Rates0.1 – 0.75%
Standard FY2020 New Employer Rate0.50%
Family Leave Insurance – Employee 2019 Deduction Rate0.08%
Family Leave Insurance – Maximum Employee 2019 Deduction$27.52

Federal (FED) – 2019

Minimum WageFederal
Youth Minimum Wage$4.25
Maximum Tip Credit$5.12
Minimum Cash Wage (Tipped Employee)$2.13
Minimum Wage$7.25
Medicare Rate1.45%
Additional Medicare Tax Withholding on Wages > $200,000 (No Employer Match)0.90%
Employee / Employer Tax Rate (Unchanged from 2018)1.45%
Maximum Taxable EarningsNo Limit
Employee / Employer Tax Rate (Unchanged from 2018)6.20%
Maximum Taxable Earnings (Increased from $128,400 in 2018)$132,900
Normal Net TaxNormal Net Tax
Maximum Credit5.40%
Percent of Taxable Wages6.00%
Maximum Taxable Earnings$7,000
Health Savings AccountsFederal
Catch-up Contribution Limit (Employee / Employer) (Unchanged from 2018)$1,000
Family Contribution Limit (Employee / Employer) (Increased from $6,900 in 2018)$7,000
Self-Only Contribution Limit (Employee / Employer) (Increased from $3,450 in 2018)$3,500
Supplemental Wage / Bonus RatesFederal
Pay over $1 Million (Unchanged from 2018)37%
Flat Rate Withholding Method (Unchanged from 2018)22%

New Jersey State Resources

Need a Tax Form?

You can download some of the most common tax related forms here.