Increases minimum income thresholds requiring filing and paying of gross income tax.

New Jersey Senate Bill S 3541 increases the income levels at which residents must file and pay state income tax. Starting January 1, 2026, the minimum threshold for single filers rises to $12,000 (from $10,000), for married couples filing jointly to $24,000 (from $20,000), and for married individuals filing separately to $12,000 (from $10,000). This change directly affects low-income earners who currently fall just above the previous thresholds but would no longer need to file or pay tax under the updated rules. The bill modifies New Jersey’s tax filing requirements without altering tax rates or brackets.