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Business & farm
Hi @MayaD , since you are the only expert to respond to this post - can you help confirm for us if this is indeed a glitch in TurboTax related to the recently-released NJ Sch DOP form? Or something else?
Seems a lot of people are being told they need to file through the mail because of this tax credit, but as far as I can tell people in this thread are not business owners and/or receiving K1's.
Looking at the instructions for the NJ-1040 form online, page 41 outlines this credit:
> Line 62 – Pass-Through Business Alternative Income Tax Credit
Enter your share of tax from Schedule NJ-BUS-1, Part II, line 5; Schedule NJ-BUS-1, Part III, line 5; or from Schedule NJK-1 received from an estate or trust. Enclose Schedule NJ-BUS-1 and a copy of your Schedule PTE-K-1 or Schedule NJK-1 with your return.