Search Rutgers Law Library N.J. Court Opinions

1 JOHN RECK et al. v. OPINION DIRECTOR, DIVISION OF TAXATION, -- rank: 1000

... the treatment of pension and profit sharing plans other than N.J.S.A. 54A:6-21, entitled “Contributions to certain employee trusts,” which provides ... section 401(k) plan are provided tax deferred treatment under N.J.S.A. 54A:6-21. For purposes of clarification, as requested, the Division is adding ... C. section 401(k) plan are deductible, as provided under N.J.S.A. 54A:6-21.” Ibid. The paragraph to which the Director referred was ... k) Plans are deductible for federal income tax purposes; 2) N.J.S.A. 54A:6-21 permits the deduction of Section 401(k) contributions for employees ... deductibility of contributions for partners; 3) the Director has interpreted N.J.S.A. 54A:6-21 as permitting deductibility of Section 401(k) contributions on behalf ... because doing so is consistent with the policy reflected in N.J.S.A. 54A:6-21, even though partners are not “employees” of the ...

docket:	08766-96
court:
decided:	2000-03-21
status:
citation:	18 N.J. Tax 598
Document Size:	130449

2 JOHN RECK et al. v. DIRECTOR, DIVISION OF TAXATION, -- rank: 817

... not provide otherwise, this case requires a different result because N.J.S.A. 54A:6-21 permits a deduction only for contributions to I.R.C ... case involving retirement and pension plan contributions and believe that N.J.S.A. 54A:6-21 is controlling, we reverse the judgment of the Tax Court ... deductible business expenses, are also consistent with the controlling statute, N.J.S.A. 54A:6-21 provides: ��������Gross income shall not include amounts contributed by an ... 401(k) contributions from gross income in the 1983 amendment, N.J.S.A. 54A:6-21, the Legislature clearly indicated its intent to limit that exclusion ... In holding in the negative, the Dantzler court relied on N.J.S.A. 54A:6-21, which, by its express terms, applies only to contributions made ... under I.R.C. section 401(k). ����The significance of N.J.S.A. 54A:6-21 was recently emphasized by Judge Small in Sidman v. ...

docket:	a5379-99
court:	njappellate
decided:	2001-12-07
status:	published
citation:	345 N.J. Super. 443
Document Size:	33664

3 SYLVESTER and YONGJIE TUOHY, v. DIRECTOR, DIVISION OF TAXATION, -- rank: 748

... public retirement plans, without success. Nevertheless, the law is clear. N.J.S.A. 54A:6-21 provides an exclusion from gross income for contributions “to ...

docket:	13607-18
court:	NJ Tax Court
decided:	2022-03-01
status:	Published
citation:
Document Size:	39773

4 SYLVESTER TUOHY v. DIRECTOR, DIVISION OF TAXATION -- rank: 728

... are the only retirement contributions exempt from gross income tax. N.J.S.A. 54A:6-21; Reck v. Dir., Div. of Tax'n, 345 N.J ...

docket:	a2692-21
court:	NJ Superior Court Appellate Division
decided:	2023-06-26
status:	Unpublished
citation:
Document Size:	19231

5 DAVID SIDMAN et al. v. DIRECTOR, DIVISION OF TAXATION, -- rank: 674

... income tax is affirmed. 1 Prior to the enactment of N.J.S.A. 54A:6-21, no pension plan contributions were deductible for New Jersey GIT ... 1983, c. 571) (Emphasis supplied).] To extend the reading of N.J.S.A. 54A:6-21 to incorporate federal concepts of pension deductibility on the basis ... Koch goes beyond the intention of the Legislature in enacting N.J.S.A. 54A:6-21 and the limited ruling of Koch . Reck , slip. op. at ... might receive this treatment in the future. No amendments to N.J.S.A. 54A:6-21 have been made since 1983. To further hold that Koch ...

docket:	01031-99
court:
decided:	2000-04-24
status:
citation:	18 N.J. Tax 636
Document Size:	93512

6 Reck v. Director, Division of Taxation -- rank: 497

... not an ordinary business expense. This also is consistent with N.J.S.A. 54A:6-21, which provides: Gross income shall not include amounts contributed by ... 636 (Tax 2000), Judge Small recently emphasized the significance of N.J.S.A. 54A:6-21, holding that a taxpayer may not deduct interest on a ... in the Assembly Committee Statement to the bill which became N.J.S.A. 54A:6-21, which estimated that the bill may result in a $1 ...

docket:	a-93-01
court:	njsupreme
decided:	2002-12-19
status:
citation:	175 N.J. 54
Document Size:	18687

7 JOHN W. DANTZLER, JR. et al. v. DIRECTOR, DIVISION OF TAXATION, <br -- rank: 457

... has not been met. E Pension and Medical Expense Deductions N.J.S.A. 54A:6-21 provides: Gross income shall not include amounts contributed by an ...

docket:	06040-96
court:
decided:	1999-06-01
status:
citation:	18 N.J. Tax 490
Document Size:	76060