Extends time period in which gross income taxpayers may file amended tax returns to correct overpayment of tax related to military pension payments or military survivor's benefit payments.

This bill (A6095) extends the deadline for New Jersey taxpayers to correct tax errors related to military pensions or survivor benefits. Currently, taxpayers must file amended returns within 3 years of filing their original return or 2 years of paying tax; this bill changes that to 10 years for errors involving military payments. It directly affects military retirees and survivors who mistakenly reported tax-exempt pension or survivor benefits as taxable income. The change allows them to claim refunds for overpaid taxes without time limits that previously expired too quickly.