ESGLLC
Level 1
03-09-2022
04:44 AM
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I believe the NJ CBT 1065 is required if you have an out of state partner. This is what I found on NJ website. Is this your case? The partnership can also file the PTE to pay the taxes for the partner to claim on their K1.
Form NJ- CBT-1065 must be filed when the entity is required to calculate a tax on its nonresident partner(s). Partners subject to the gross income or corporation business taxes still must report and pay tax on their share of partnership income or loss.