Instructions For Nj-1065 - Partnership Return And New Jersey Partnership Njk-1 (Page 14 of 17) in pdf

————————————————— 2013 Form NJ-1065 ————————————————

Line 4 - Totals

Column A

Add Lines 1-3 of Column A and enter the total on Line 4, Column A.

Column B

Add Lines 1-3 of Column B and enter the total on Line 4, Column B.

Section 3 - Business Allocation Percentage

Use Section 3 to determine the business allocation percentage that must be applied to business income. The Business Allocation

Percentage must be applied to business income from all sources in order to determine the amount from New Jersey sources.

Line 1 - Average Values of Property

Line 1a - In New Jersey

Enter on Line 1a the average values of the business property in New Jersey from Line 4, Column B, Section 2.

Line 1b - Everywhere

Enter on Line 1b the average values of the business property from everywhere (both inside and outside New Jersey) from Line 4,

Column A, Section 2.

Line 1c - Percentage in New Jersey

Divide the amount on Line 1a by the amount on Line 1b. The result will be 100% or less. Enter the result on Line 1c.

Line 2 - Total Receipts from All Sales, Services and Other Business Transactions

Line 2a - In New Jersey

Enter on Line 2a the total of receipts from all sales made, services performed and business transactions conducted in New Jersey

during the period covered by the return. This includes sales made and services performed by partners, employees, agents, agencies or

independent contractors of the business situated at or sent out from, the offices of the business (or its agencies) located in New Jersey.

For example, if a salesperson working out of the New Jersey office covers the states of New Jersey, New York and Pennsylvania, all

sales made are to be allocated to New Jersey and reported on Line 2a.

Line 2b - Everywhere

Enter on Line 2b the total of receipts from all sales made, services performed and business transactions conducted both inside and

outside New Jersey during the period covered by the return.

Line 2c - Percentage in New Jersey

Divide the amount on Line 2a by the amount on Line 2b. The result will be 100% or less. Enter the result on Line 2c.

Line 3 - Wages, Salaries and Other Personal Compensation Paid During the Year

Line 3a - In New Jersey

Enter on Line 3a the total of wages, salaries and other personal compensation paid to employees in connection with operations carried

on in New Jersey during the period covered by the return. Compensation is paid in connection with operations carried on in New

Jersey if work is based in an office or other place of business located in New Jersey. Include only amounts paid to employees on Line

3a. Do not include payments to independent contractors, independent sales agents, etc.

Line 3b - Everywhere

Enter on Line 3b the total compensation paid to employees both inside and outside New Jersey during the period covered by the

return. Do not include payments to independent contractors, independent sales agents, etc.

Line 3c - Percentage in New Jersey

Divide the amount on Line 3a by the amount on Line 3b. The result will be 100% or less. Enter the result on Line 3c.

Line 4 - Sum of New Jersey Percentages

Add Lines 1c, 2c and 3c and enter the total on Line 4.

Line 5 - Business Allocation Percentage

Divide the total on Line 4 by three and enter the result on Line 5. Also enter this percentage on the appropriate line of the following

returns:

Instructions For Nj-1065 - Partnership Return And New Jersey Partnership Njk-1 Page 14

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