ANCHOR benefits will be paid in the form of a direct deposit or check, not as credits to property tax bills. We are currently issuing ANCHOR benefits and will continue to distribute payments through the month of May. When and how will I receive my 2019 ANCHOR benefit payment?.ANCHOR benefit payments are not reportable as New Jersey income. ![]() Do I have to report my ANCHOR benefit on my New Jersey Income Tax return?.Homeowners should click the following link to find out How ANCHOR Benefits Are Calculated and Paid. If you must file a paper application, you can print Form ANCHOR-H and mail it along with any necessary supporting documents. Certain homeowners must file a paper application for reasons listed below. If you did not receive a mailer or email with an ID and PIN, but filed a Homestead Benefit application last year, access the online ID and PIN inquiry system to retrieve your ID and PIN. Homeowners need an ANCHOR ID and PIN to apply online or by phone. If you previously participated in the Homestead Benefit program, you'll find that the application process is nearly the same, if not more streamlined than before. Is the process of filing for ANCHOR different than Homestead?. ![]() NJ residential renters with income of $150,000 or less will receive $450.NJ homeowners with income of more than $150,000 and up to $250,000 will receive $1,000. ![]()
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