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Business & farm
May be it is the limitation in TT, that it can't simply exclude the forgiven PPP loan amount while transferring the numbers from Federal to NJ.
I see this in NJ "CBT-100S -> Page 9 -> Schedule K -> Part II -> Line l" that says "Other Tax-exempt income", but that amount is added to the total income (same page Part III -> Line 8. New Jersey allocated income).
What I am planning to do is, in "CBT-100S -> Page 10 -> Part IV - A (Analysis of NJ Accumulated Adjustments Account) -> Line 2. Net Pro rata share of S Corporation income", override the number to exclude the PPP forgiven amount. This is the only hack I can think of as of now.
Tagging some experts from Turbo Tax @DawnC @ThomasM125 @DianeW777 @DianeW. Hope some one is familiar with NJ CBT100S returns.
@Lois957 Sorry to hear your troubles. Unfortunately there is no product support from Intuit / TT for their business software. Good luck with amending your NJ return, and request you to post your updates here, so it will be useful for everyone in the community.