Form Ttd - Asset Transfer Tax Declaration
ADVERTISEMENT
1
2ASSET TRANSFER
TAX DECLARATION
P.L 2007, Chapter 100 (A5002)
N.J.S.A. 54:50-38
New Jersey Division of Taxation
Form TTD
Bulk Transfers
This form may be reproduced
Box 245
(Please print or type)
Trenton NJ 08695-0245
Party Information
Seller’s Name: ________________________________
NJ ID#_______________________
Purchaser’s Name: ____________________________
NJ ID#_______________________
Business Type (check one)
*
*
Corporation [ ]
Partnership
[ ]
LLC
[ ]
Sole Proprietor [ ]
State of Formation _____
Return type filed to report gain: CBT100 [ ] NJ1040 [ ] NJ1040NR [ ] SS#____________________
[
]
* Number of partners/members if Partnership or LLC:
Every partner/member must complete a declaration.
Will transferor operate any other business under the above referenced ID after the sale? Yes [ ] No [ ]
If yes, explain ________________________________________________
Realty Location
[
]
[
]
Block(s)
Lot(s)
[
]
Street Address
[
]
[
]
[
]
City
State
Zip
Calculation of Estimated Tax (to nearest dollar)
See reverse side for specific line instructions.
_ _ _ , _ _ _ , _ _ _ .
1. Consideration / Purchase Price
1.
$
_ _ _ , _ _ _ , _ _ _ .
2. Settlement Charges
2.
$
_ _ _ , _ _ _ , _ _ _ .
3. Non Depreciated Cost
3.
$
_ _ _ , _ _ _ , _ _ _ .
4. NOL Carryover
4.
$
_ _ _ , _ _ _ , _ _ _ .
5. IRC Section 1031 Exchange
5.
$
(if applicable)
_ _ _ , _ _ _ , _ _ _ .
6. Gain (subtract lines 2, 3, 4 & 5 from line 1)
6.
$
_ _ _ , _ _ _ , _ _ _ .
7. Amount of Gain Deferred
7.
$
(if applicable)
_ _ _ , _ _ _ , _ _ _ .
8. Current Year Gain (subtract line 7 from line 6)
8.
$
_ _ _ , _ _ _ , _ _ _ .
9. _____ % Share of Gain if K-1 (
9.
$
multiply line 8 by percentage)
_ _._ _
%
10. Applicable Tax Rate
10.
_ _ _ , _ _ _ , _ _ _ .
11. Estimated Tax on Gain Due (line 9 multiplied by line 10)
11.
$
Will there be installment proceeds? Yes [ ] No [ ] (if yes, give details on reverse side.)
Taxpayer’s Declaration
I declare that all the information on this declaration is correct. I am aware that if any of the foregoing information provided by me is knowingly
false, I am subject to punishment.
Date ____________________
Owner/Partner/Member Signature _______________________________________________________
Print ______________________________________________________________________________
Title ______________________________________________________________________________
(Rev 07-08 1.2.2)
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form Cd-57 - Real Estate Transfer Tax Declaration Of Consideration - New Hampshire Department Of Revenue Administration
Financial
Form Cd-57-hc - Real Estate Transfer Tax Declaration Of Consideration For Real Estate Holding Companies - 2010
Financial
Related Categories
Parent category: Financial