|FOR IMMEDIATE RELEASE||
|January 29, 2003||
NJFastFile Delivers Fast Returns
TRENTON, N.J. - State Treasurer John E. McCormac and Taxation Division Director Robert K. Thompson today encouraged New Jersey taxpayers to take advantage of the State's electronic filing options as a way to ensure accurate, speedy processing of income tax forms and refund checks for the 2002 tax year.
The State officials noted that filers who submit returns early through one of the three NJFastFile options -- NJ ELF, NJ TeleFile and NJ WebFile -- can receive refund checks within two weeks and avoid delays that result when filing just before or on the April 15 deadline. "Whether a person prefers to use a telephone, a personal computer or a professional tax preparer, we have an option for them," said Treasurer McCormac. "These programs are a user-friendly way for New Jersey residents to file their taxes and speed the processing of their returns at the same time."
following information summarizes the NJFastFile options:
Thompson added: "This year, more taxpayers than ever before are
eligible to use NJFastFile. In the past, a New Jersey resident who was
claiming a credit for taxes paid to another jurisdiction had no choice
but to file a paper return. But now, they can file electronically using
NJ WebFile or NJ ELF, and reap the benefits these programs offer."
To protect the confidentiality of tax information, every resident who filed an income tax return last year is assigned a personal identification number (PIN). For taxpayers who received a New Jersey income tax booklet with their name and address preprinted on the face of the fold-out insert, the PIN is located on the same panel as the preprinted label. Those who did not receive a booklet may have received a postcard with their PIN and preprinted label. Anyone who does not have a PIN may use the amount of last year's refund or payment due (in whole dollars) from their 2001 income tax return.
Thompson noted that regardless of the NJFastFile options they select, those who owe taxes and file early still have until April 15, 2003, to pay their liability to the State. "Payments can be made electronically, too. Information about electronic payment options can be found on the Division's Web site at www.state.nj.us/treasury/taxation," he added.
Filers must have been full-year New Jersey residents to use any of the NJFastFile options, and must have filed a 2001 New Jersey resident income tax return. Nonresident returns, amended returns, returns for prior years, and returns requiring certain enclosures or schedules cannot be submitted electronically. More information about any of the NJFastFile options is available at www.njfastfile.com, or by calling 609-292-6400.