1. What is NJ Sales Tax?

New Jersey has a statewide sales tax rate of 6.625% as of 2023. This calculator helps you determine the exact sales tax amount for any purchase amount in New Jersey.

2. How Does the Calculator Work?

The calculator uses the NJ sales tax formula:

Where:

• \( Amount \) — Purchase amount before tax (USD)
• \( 0.06625 \) — New Jersey state sales tax rate (6.625%)

3. Importance of Sales Tax Calculation

Details: Accurate sales tax calculation is crucial for budgeting, financial planning, and ensuring compliance with New Jersey tax laws.

4. Using the Calculator

Tips: Enter the purchase amount in USD. The amount must be a positive number. The calculator will automatically compute the 6.625% NJ sales tax.

5. Frequently Asked Questions (FAQ)

Q1: Are there any local sales taxes in NJ?
A: No, New Jersey has a uniform statewide sales tax rate with no additional local sales taxes.

Q2: What items are exempt from NJ sales tax?
A: Most clothing, groceries, and prescription drugs are exempt. Some services are also exempt.

Q3: When was the NJ sales tax rate last changed?
A: The rate was reduced from 6.875% to 6.625% effective January 1, 2018.

Q4: How does NJ sales tax compare to neighboring states?
A: NJ's rate is lower than NY (8.875% in NYC) but higher than DE (0%) and PA (6%).

Q5: Is online shopping subject to NJ sales tax?
A: Yes, online retailers must collect NJ sales tax if they meet certain economic nexus thresholds.