Tax Seminar #3 – December 3 2012
Workbook - Zicklin School of Business
Workbook - Zicklin School of Business
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New Jersey - Local Standards: Housing and Utilities<br />
Disclaimer: IRS Collection Financial Standards are intended for use in calculating repayment of delinquent taxes.<br />
These Standards are effective on April 2, <strong>2012</strong> for purposes of federal tax administration only. Expense information for<br />
use in bankruptcy calculations can be found on the website for the U.S. Trustee Program.<br />
The housing and utilities standards are derived from U.S. Census Bureau, American Community Survey and Bureau of<br />
Labor Statistics data, and are provided by state down to the county level. The standard for a particular county and<br />
family size includes both housing and utilities allowed for a taxpayer's primary place of residence. Generally, the total<br />
number of persons allowed for determining family size should be the same as those allowed as exemptions on the<br />
taxpayer's most recent year income tax return.<br />
Housing and utilities standards include mortgage or rent, property taxes, interest, insurance, maintenance, repairs, gas,<br />
electric, water, heating oil, garbage collection, residential telephone service, cell phone service, cable television, and<br />
internet service. The tables include five categories for one, two, three, four, and five or more persons in a household.<br />
The taxpayer is allowed the standard amount, or the amount actually spent on housing and utilities, whichever is less. If<br />
the amount claimed is more than the total allowed by the housing and utilities standards, the taxpayer must provide<br />
documentation to substantiate those expenses are necessary living expenses.<br />
Maximum Monthly Allowance<br />
County<br />
Housing and<br />
Utilities for a<br />
Family of 1<br />
Housing and<br />
Utilities for a<br />
Family of 2<br />
Housing and<br />
Utilities for a<br />
Family of 3<br />
Housing and<br />
Utilities for a<br />
Family of 4<br />
Housing and<br />
Utilities for a<br />
Family of 5 or<br />
more<br />
Atlantic<br />
County<br />
Bergen<br />
County<br />
Burlington<br />
County<br />
Camden<br />
County<br />
Cape May<br />
County<br />
Cumberland<br />
County<br />
1,786 2,098 2,211 2,465 2,505<br />
2,658 3,122 3,290 3,668 3,727<br />
1,948 2,288 2,411 2,688 2,731<br />
1,786 2,098 2,211 2,465 2,505<br />
1,763 2,071 2,183 2,434 2,473<br />
1,530 1,796 1,893 2,111 2,145<br />
Essex County 2,498 2,934 3,092 3,447 3,503<br />
Gloucester<br />
County<br />
Hudson<br />
County<br />
Hunterdon<br />
County<br />
Mercer<br />
County<br />
Middlesex<br />
County<br />
Monmouth<br />
County<br />
1,838 2,159 2,275 2,537 2,578<br />
2,386 2,802 2,953 3,293 3,346<br />
2,570 3,018 3,180 3,546 3,603<br />
2,053 2,412 2,541 2,833<br />
2,879<br />
2,180 2,560 2,698 3,008<br />
3,056<br />
2,367 2,780 2,929 3,266 3,318<br />
Morris County 2,570 3,018 3,180 3,546 3,603<br />
Ocean County 1,897 2,229 2,348 2,618 2,661<br />
Passaic<br />
County<br />
2,396 2,814 2,965 3,306 3,360<br />
Salem County 1,628 1,912 2,015 2,247 2,283<br />
Somerset<br />
County<br />
Sussex<br />
County<br />
2,467 2,897 3,053 3,404 3,459<br />
2,121 2,491 2,625 2,926 2,974<br />
Union County 2,421 2,844 2,997 3,341 3,395<br />
Warren<br />
County<br />
2,050 2,408 2,537 2,829 2,874<br />
References/Related Topics<br />
Collection Financial Standards<br />
Local Standards: Transportation<br />
Local Standards: Housing and Utilities<br />
Last updated August 1, <strong>2012</strong><br />
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