ANCHOR Letters Hit Mailboxes: Here's What's Next

If you got an ANCHOR confirmation letter in the mail, you can mostly relax: the NJ Division of Taxation will automatically file your application in mid-September. You only need to act yourself if your banking or mailing info has changed, if you never got a letter, or if you are 65 or older (seniors use the combined PAS-1 form), with a self-filing deadline of Nov. 2. Rebates range from $450 for renters to $1,500 for homeowners, with higher amounts for seniors depending on income.