New Jersey State Tax Information

New Jersey Minimum Wages
Effective 01/01/15Effective 01/01/17Effective 01/01/18Effective 01/01/20
Minimum Wage:$8.38$8.44$8.60$11.00*
Minimum Cash Wage (Tipped Employee):$2.13$2.13$2.13$3.13
Maximum Tip Credit:$6.25$6.31$6.47$7.87
* Rate for large employers (6 or more employees)

New Jersey State Income Tax
Wage Withholding:Tables
Supplemental Wage/Bonus Rate:No provision, but for taxable wages over $500,000 withhold at 9.9%. For taxable wages over $5,000,000 withhold at 11.8%.

New Jersey Unemployment Insurance
Maximum 2020 Taxable Earnings:$35,300
(Increased from $34,400 in 2019)
Employee Deduction Rate:0.425%
(Includes Work-force development/Supplemental Workforce - 0.0425% and UI fund - 3.825%)
Maximum 2020 Employee Deduction:$150.02
Employer FY 2020 Tax Rates (Includes Workforce Dev / Suppl. Workforce):0.4 - 5.4%
Standard FY 2020 New Employer Rate (2.6825%-UI + 0.1175%-Workforce Dev/Supplemental Workforce):2.80%

New Jersey Disability Insurance
Maximum 2020 Taxable Earnings for TDI and FLI:$34,900
(Increased from $34,400 in 2019)
Maximum 2020 Taxable Earnings for TDI:$35,300
(Increased from $34,400 in 2019)
Employee 2020 Deduction Rate:0.26%
Maximum 2020 Employee Deduction:$350.74
Standard FY 2020 Tax Rates:0.1 – 0.75%
Standard FY 2020 New Employer Rate:0.50%
Family Leave Insurance - Employee 2020 Deduction Rate0.16%
Family Leave Insurance - Maximum 2020 Employee 2020 Deduction:$215.84
Voluntary Contribution Permitted:Yes

New Jersey State Agencies web sites: