During which period can applications for deductions be filed with the COLLECTOR?

The correct timeframe for filing applications for deductions with the COLLECTOR in New Jersey is from January 1st to December 31st of the pretax year. This period allows taxpayers to submit their applications throughout the entire calendar year, providing them with flexibility and ample time to gather necessary documentation and submit their requests for deductions. It ensures that taxpayers can address any changes in their financial situation or property status that might affect their eligibility for deductions.

Other timeframe options, such as specific quarterly or semiannual periods, would limit the opportunity for taxpayers to apply for deductions as their circumstances change throughout the year. Thus, the comprehensive window from January to December is established to accommodate the various needs and situations of taxpayers filing for deductions.