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NY S Corporation Officer moving to NJ-Taxation

Hi,

I own a NY S corporation and I'm moving to New Jersey. I know that I'll be still required to file federal 1120S, State NYS and local NYC corporation taxes in New York. All income (100%)  comes from New York and the corporation won't conduct any business in New Jersey. The main business office is located in NYC. For NY tax purposes I'll be a nonresident shareholder.

My question is: besides 1120S and NYS CT-3-S, NYC-4S forms, do I have to file any corporate taxes or forms in New Jersey? I know that I'll be eligible for a credit for taxes paid in NY on my NJ personal return, but I'm not sure if any NJ corporate taxes have to be filed in New Jersey if the corporation isn't conducting any business in NJ and isn't a NJ corporation. No NJ employees or office either.

Thank you,

 

 

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3 Replies

NY S Corporation Officer moving to NJ-Taxation

Based on your facts, you should be good to go.

It would be good for you to print out New Jersey's recent changes in TB-108

https://www.nj.gov/treasury/taxation/pdf/pubs/tb/tb108.pdf

 

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.

NY S Corporation Officer moving to NJ-Taxation

Well, I know I should be good to go, but the question is, do I have to file any NJ corporate returns or forms?

Anyone???

NY S Corporation Officer moving to NJ-Taxation

Well good to go means based on your facts......... No you don't have to file.

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
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