Form 325 Public Infrastructure Tax Credit - New Jersey

What Is Form 325?

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 325?
A: Form 325 is the Public Infrastructure Tax Credit form used in New Jersey.

Q: What is the Public Infrastructure Tax Credit?
A: The Public Infrastructure Tax Credit is a tax credit available in New Jersey to encourage investment in public infrastructure projects.

Q: Who can claim the Public Infrastructure Tax Credit?
A: The tax credit can be claimed by businesses or entities that make eligible investments in qualified public infrastructure projects.

Q: What types of projects qualify for the tax credit?
A: Qualified public infrastructure projects include transportation, water, and energy infrastructure projects, among others.

Q: How much is the tax credit?
A: The tax credit is 100% of the eligible investment made in the qualified public infrastructure project.

Q: How can I apply for the Public Infrastructure Tax Credit?
A: To apply for the tax credit, you need to fill out and submit Form 325 to the New Jersey Economic Development Authority.

Q: What information do I need to provide on Form 325?
A: Form 325 requires information about the taxpayer, the investment made, and details about the qualified public infrastructure project.

Q: When is the deadline to file Form 325?
A: The deadline to file Form 325 is determined by the New Jersey Economic Development Authority and can vary depending on the specific tax year.

Q: Are there any restrictions or limitations for claiming the tax credit?
A: Yes, there are certain restrictions and limitations, such as a cap on the total amount of tax credits that can be awarded in a given year.