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

________________________________________ 2013 Form 1065 _______________________________________ 17

LINE BY LINE INSTRUCTIONS FOR FILING FEE SCHEDULE

If you have more than two owners and you have income or loss derived from NJ sources, complete the Filing Fee Schedule located on

the back of Return PART-100.

List the applicable number of each type of owner in your entity on the lines provided. The number of owners will generally be equal

to the number of Schedule NJK-1s issued.

Enter the allocation factor from Line 5 of Schedule J “Corporation Allocation Schedule” into the box on Line 3.

The $150.00 per owner filing fee does not apply to entities that meet the definition of an investment club.

Return PART-100 must be filed if you filed a Form PART-200-T; if you owe a Filing Fee and/or a Nonresident Partner Tax from

Line(s) 24 and/or 25 of Form NJ-1065; or if you reported an Installment Payment on Line 2 of your prior year Return PART-100

INSTRUCTIONS FOR RETURN PART-100, PARTNERSHIP FILING FEE AND TAXPAYMENT RETURN

Line 1 - Filing Fee

Enter the amount from Line 4 of the Filing Fee Schedule located on the back of Return PART-100. Do not enter more than

$250,000. If you have less than three owners or if you do not have income or loss derived from NJ sources, enter zero.

A partnership that is exempt from being required to remit a payment of tax on behalf of its nonresident partners may still

have income derived from New Jersey sources and accordingly be subject to the filing fee.

Line 2 - Installment Payment

Multiply the amount reported on Line 1 by 50% and enter the result on Line 2. If you have checked the box on Form NJ-

1065 indicating that the return is a “Final Return”, enter zero.

Line 3 - Nonresident Noncorporate Partner Tax

Enter the amount reported on Page 1, Line 24, Column B of Form NJ-1065. If this is an “Amended” Return PART- 100,

check the box. Do not report less than the amount reported on your original Return PART-100.

Line 4 - Nonresident Corporate Partner Tax

Enter the amount reported on Page 1, Line 25, Column B of Form NJ-1065. If this is an “Amended” Return PART- 100,

check the box. Do not report less than the amount reported on your original Return PART-100.

Line 5 - Total Fee and Tax

Add Lines 1 through 4 and enter the result on Line 5.

Line 6 - Penalty for Underpayment of Estimated Tax

Enter the amount from Line 18 of PART-160 (be sure to attach Form PART-160)

Line 7 - Total Due

Add Lines 5 and 6

Line 8 - Tiered Partnership Payment

Enter the amount reported on the Tiered Partnership Payment Schedule located on the back of PART-100.

Line 9 - Installment Payment from 2012

Enter the amount from Line 2 of the 2012 PART-100.

Line 10 - Estimated Payments/Credit from 2012

Enter the total amount of estimated payments made Also, enter your credit forward request from Line 14 of your 2012

Return PART-100.

Line 11 - Payment from Form PART-200-T

Enter the amount of the payment remitted with your 2013 Application for Extension of Time to File Return PART-100.

Line 12 - Total Balance Due

Subtract lines 8-11 from Line 7 and enter any balance due here. Make check payable to “State of New Jersey-

PART” and remit with completed Return PART-100.

Line 13 - Overpayment

If after subtracting Lines 8-11 from Line 7 there is an overpayment, enter the amount of overpayment here.

Line 14 - Credit to 2014

Enter the amount of the overpayment shown on Line 13 that you want forwarded to your 2014 Return PART-100.

Line 15 - Refund

Enter the amount of the overpayment shown on Line 13 that you want refunded.

Note: Penalties and Interest may be assessed for late filing of the return and late payment of the tax. Partnership fees are not eligible

for refund.

Instructions For Nj-1065 - Partnership Return And New Jersey Partnership Njk-1 Page 17

Related Articles

Related forms

Related Categories