Instructions For Composite Return - 2013 printable pdf download

2013 COMPOSITE RETURN INSTRUCTIONS

Qualified nonresident individuals who are members of general and limited partnerships, professional athletic teams, limited liability

partnerships, limited liability companies, New Jersey electing S corporations, estates and trusts may participate in a composite return. Any

composite return which is filed on behalf of 25 or more participants must be filed on diskette. General diskette specifications can be found

beginning on page 5.

WHEN TO FILE

Only individuals are eligible to file as part of a composite

Returns for calendar year 2013 are due April 15, 2014. No

return.

To qualify for participation in a composite return the

fiscal composite returns will be accepted.

nonresident must be a member of one of the specified entities and

satisfy all of the following conditions:

POSTMARK DATE

1. The individual was a nonresident for the entire taxable year;

All New Jersey income tax returns postmarked on or before the

due date of the return are considered to be filed on time. Tax returns

2. The individual did not maintain a permanent place of abode in

postmarked after the due date are considered to be filed late. When

New Jersey at any time during the taxable year;

a return is postmarked after the due date, the filing date for that

return is the date the return was received by the Division, not the

3. The individual was not a fiscal year filer;

postmark date of the return.

4. The individual did not have income derived from or connected

with New Jersey sources other than the income reported on

EXTENSION OF TIME TO FILE

composite return(s);

An extension of time to file will be granted on a composite basis

only. The request for an extension of time to file must be made on

5. The individual waives the right to claim any New Jersey

Form NJ-630, on or before the original due date of the return. The

personal exemption, credit or deduction and agrees to have the

request must be made under the filing entity’s Federal identification

tax calculated directly on the individual’s income reported on

number. A six month extension of time to file the NJ-1080-C will be

the composite return at the highest tax rate in effect for single

granted if at least 80% of the actual tax liability is paid in the form of

taxpayers for the tax year; and

estimated or other payments by the original due date of the return.

Taxpayers who file Form NJ-630 will not receive an approved

6. The individual elects to be included in a composite return by

copy. The Division will only send notification if the request for

completing and delivering to the filing entity a Form NJ-1080-

extension is denied.

E (Election to be Included in a Composite Return) prior to the

If the requirements for extension are not satisfied, or if the

filing of the composite return by the entity.

return is not filed by the extended due date, the extension will be

denied and penalties and interest will be imposed from the

An individual may participate in other New Jersey gross

original due date of the return. See “Penalty and Interest

income tax composite returns, providing that the requirements of

Charges” on page 2.

subsections 1 through 6 above are satisfied. Once a nonresident

elects to participate in a composite return the election is binding on

WHERE TO FILE

the individual’s heirs, representatives, assigns, successors, executors

Mail Form NJ-1080-C to:

and administrators and constitutes an express consent to personal

State of New Jersey

jurisdiction in New Jersey for New Jersey personal income tax

Division of Taxation

purposes.

Revenue Processing Center

PO Box 188

ELECTION TO PARTICIPATE

Trenton, New Jersey 08646-0188

Every participating member must make the election to be part

of the composite return in writing each year by filing Form NJ-1080-

ESTIMATED TAX

E with the filing entity. The elections must be maintained in the

If the filing entity has filed a composite return in the previous

filing entity’s files. When filed, the composite return must include a

years and the amount estimated to be the total income tax liability for

list of the members who are participating, as well as a list of those

the composite return for the current tax year exceeds $400, the filing

who have not elected, or are not qualified, to participate in the

entity must file a declaration of estimated tax and make quarterly

composite return.

The list must include each member’s name,

estimated tax payments using Form NJ-1040-ES. Instructions for

address and Federal Identification Number.

computing the estimated tax and making the payments are included

with that form. Failure to file a Declaration of Estimated Tax or pay

PERMISSION TO FILE NOT REQUIRED

all or part of an underpayment will result in interest charges on the

In previous years, the Division accepted composite returns only

underpayment.

when written permission had been requested by the filing entity and

a copy of the permission letter was attached to the composite return

when filed. Written permission to file a composite return is

not required.

Any entity which is eligible to file a composite

return may now do so without first putting the Division on notice.

Instructions For Composite Return - 2013

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