Turbo Tax downloaded version I can not efile NJ because I am reporting NJ PTE that was paid on my behalf by a partnership. The Partnership is registered in NJ and provided me with a NJ K1 reflecting this. They also provided me with the INFO ONLY copy of NJ SCH PTE K1. Last year my accountant was able to efile the NJ return using her system and a colleague is able to efile using the H&R Block software. Everything I research seems to say it can be efiled. Is it possible I am missing something with turbotax? How can I efile this return. Thanks for your help.
Schedule NJ-BUS-2 or NJ-BUS-1 may help you to take your portion of the refundable credit.
Thanks, the post was not about getting the credit, I am getting the credit on the return. The post was about Turbotax incorrectly saying because I have the credit I must paper file, which I know is not the case.
Does anyone know if this has been resolved? Had this problem last year and again this year.
I couldn't verify if you are able to file electronically this year. As a result, there are two options that can be made.
I could not file electronically again this year. I bought Turbo tax so I could file electronically and not have to mail it in. Turbo Tax's response is that the NJ Department of Taxation says you cannot electronically file if you take the BAIT credit. This is not true. It's a glitch in Turbo Tax's system which they refuse to address.
Did you have this problem again this year? I'm in the same situation 2 years in a row.
Hi, I tried to follow your advise. I have the following questions:
1) If NJ mandates efiling, can I mail the return where it is marked on the return (do not mail this form on each page);
2) I tried to efile on NJ website, but there are validation errors also that I can not resolve. Called State technical help, no help is provided. Therefore, I can not efile the return there either.
My first year using TurboTax and I'm running into the same problem. This is absolutely a TurboTax issue. I have been efiling my NJ return with a PTE credit for years using professional software without any problems whatsoever.
This is significant enough for me to search for a new tax software company (next year - I just found this problem after entering ALL of my 2024 tax information, so now I'm stuck with TurboTax).
Very disappointed in TurboTax. I expected more from them.
I called Turbo Tax. I was explained the reason why I can not efile not because of Turbo Tax, but because federal Government (not sure if it is IRS) has a law that each person is limited to efile 5 tax returns. If I have to efile more than 5, I have to register as a business, but I do not do this as a business.
I did read about getting another Turbo License to see if that can be an option. Turbo Tax told me they can not comment on that.
I have been emailing NJ State because they created a ticket for me, no response.
No government both federal or state makes it possible to file a return. This is not acceptable.
Sherry
I have this problem as well and it is very frustrating! Turbotax - please fix this issue or I won't use your software again next year!!
I feel the same way and I would switch to a new software company in a heartbeat if I can find one that allows user defined attachments. For 2024, I also had to attach a statement to my Federal tax return so I had to "paper" file both tax returns. The NJ went through fine, but the Federal still has not been processed (the IRS received it 6 weeks ago!). Paper filing is so archaic. However, it seems like all of the "individual" tax programs only allow attachments when the software asks for one, as is the case with TurboTax. Before I retired, I used professional CPA software which allows attachments at will.
My understanding is the Federal/IRS puts the limitation on Turbo Tax. If taxpayer files more 5 returns electronically, it is considered a professional and the person needs to register with IRS. That is my understanding.
I ended up going to NJ website and manually keyed in amounts. I also had validation errors and it took a few weeks for NJ State to email me the solution.
That explanation sounds right. Somewhere along the line I read that the IRS is afraid that individual taxpayers will want to attach lots of documents that aren't needed (like receipts for donations, etc.).
We'll just have to live with it. I believe the NJ BAIT credit will work without attaching the PTE K-1, but I'm afraid to try. It just feels better to give NJ the proof up front.