@@frankdigiu This was a forms issues that has been going on for a few weeks. It is finally resolved because you are the second person today that has been able to update and file.
@wkndracr - Seems like the NJ form has been added and is ready to update to allow you to file your return. NJ has updated the form for this Business Pass Through which may or may not directly relate to your return but is required fir e-filing. Please try to file again.
For New Jersey purposes, income and losses of a pass-through entity are passed through to its owners. However, the law allows pass-through entities to elect to pay tax due on the owner’s share of distributive proceeds. The owner(s) may then claim a refundable tax credit for the amount of tax paid by the pass-through entity on their share of distributive proceeds.
Pass-through entities included under this law are:
- Partnerships;
- federal S corporations that have made the New Jersey S corporation election; and
- Limited liability companies (LLCs).
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