- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
State tax filing
I'm not familiar with New Jersey Business returns or tax; however, on New Jersey personal returns, income that is reported to both New Jersey and another state will be doubled-up, creating much higher tax amounts. My recommendation is to double-check your entries, and if any income is reported to both New Jersey and another state, to make sure that the correct boxes have been checked to remove out-of-state income so no double-up occurs.
Also, double-check New Jersey Business taxation laws to be sure that no other tax increases or similar have occurred that explains the difference you are seeing.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
May 3, 2021
12:45 PM