Form 319 Urban Transit Hub Tax Credit - New Jersey

What Is Form 319?

This is a legal form that was released by the New Jersey Department of the Treasury - a government authority operating within New Jersey. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is form 319?
A: Form 319 is the Urban Transit Hub Tax Credit form in New Jersey.

Q: What is the Urban Transit Hub Tax Credit?
A: The Urban Transit Hub Tax Credit is a tax incentive program in New Jersey that aims to encourage the development of certain designated urban transit hubs.

Q: Who can claim the Urban Transit Hub Tax Credit?
A: Certain businesses and developers who make eligible investments in designated urban transit hub projects in New Jersey can claim the Urban Transit Hub Tax Credit.

Q: What are the eligible investments?
A: Eligible investments include the construction, expansion, or renovation of qualified facilities within designated urban transit hubs.

Q: What are the benefits of the Urban Transit Hub Tax Credit?
A: The benefits of the Urban Transit Hub Tax Credit include a tax credit of up to 100% of eligible investment costs and the ability to sell or transfer the tax credit to another taxpayer.

Q: How do I claim the Urban Transit Hub Tax Credit?
A: To claim the Urban Transit Hub Tax Credit, you must complete and submit Form 319 to the New Jersey Economic Development Authority (EDA) along with supporting documentation.

Q: Are there any deadlines for claiming the Urban Transit Hub Tax Credit?
A: Yes, there are deadlines for claiming the Urban Transit Hub Tax Credit. You should consult the official guidelines and the EDA for information on specific deadlines and requirements.