Instructions For Form Nj-1065 - Partnership Return And New Jersey Partnership Njk-1 - 2011 Page 15
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17__________________________________________2011 Form 1065 _______________________________________ 15
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:
Part IV, Form NJ-1040NR
Line 16b, Form NJ-1065
Schedule F, Form NJ-1041
If one of the fractions (property, receipts or payroll) is missing, the other two percentages are added and the sum is divided by two. If
two of the fractions are missing, the remaining percentage may be used as the allocation factor. A fraction is not missing merely
because its numerator is zero, but is missing if its denominator is zero.
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial