Tax

NJ Underpayment and Overpayment Interest Rates to Increase in 2019

New Jersey interest rates on underpayments and overpayments increase for 2019. The NJ Division of Taxation has announced that the interest rate assessed on outstanding balances, which is set at 3 percentage points above the prime rate, will increase from 7.25% for 2018 to 8.25% for the 2019 calendar year.

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