New Jersey Tax Division Issues Updated Information on Tax Refund Set-Off, Offset Programs

The New Jersey Division of Taxation Sept. 29 issued updated information on set-off and offset programs used to divert individual income, corporate income, trust income, property, excise, sales and use, and inheritance tax refunds and government payments to pay state and federal debts. The updated information includes that the federal Bureau of the Fiscal Service charges a $21.38 processing fee per transaction that is deducted from the refund. [N.J. Div. of Tax’n, Set-Off/Offset Programs, 09/29/23]

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