The New Jersey film tax credit, awarded by the New Jersey Economic Development Authority (NJEDA), is equal to 30 percent of qualified film production expenses, or 35 percent of qualified film production expenses incurred for services performed and tangible personal property purchased through vendors whose primary place of business is located in southern New Jersey counties.
Be a feature film, TV series or show of 22 minutes or more in length intended for a national audience
60 percent of the total production expenses incurred (excluding post-production) are services and goods purchased through authorized NJ vendors OR qualified production expenses incurred in NJ exceed $1 million
Reality shows, which are otherwise ineligible for the Film Tax Credit, may be eligible if the production company of the reality show owns, leases, or otherwise occupies a production facility of at least 20,000 square feet in an Urban Enterprise Zone for at least two years and makes a capital investment of at least $3 million in that facility.
Tax credit equal to 20 percent of qualified digital media production expenses, or 25 percent of qualified digital media production expenses incurred for services performed and tangible personal property purchased through vendors whose primary place of business is located in southern New Jersey Counties.
At least $2 million of the total digital media production expenses must be incurred for services performed and goods purchased through vendors authorized to do business in New Jersey and at least 50% of the qualified digital media content production expenses must be for wages and salaries paid to full-time employees in New Jersey
In synchrony with our values, New Jersey is championing a more inclusive and diverse business model in film and TV. That’s why we’re one of the few states with a film tax credit that includes a 2% diversity bonus for plans to hire woman and minorities for key creative positions and production crew.
As part of the film tax credit application, submit a diversity plan to NJEDA for approval, which should include:
Diversity plans are reviewed and approved by the NJEDA and New Jersey Office of Diversity and Inclusion.
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