I have 100% in Line 16 and the loss amount in 16a, Line 16b (column b) is populated with same amount as 16a based on 100%.
But my last year filing done by CPA shows 0.00 for Line 16b (column B) though the percentage was same 100% in Line 16 and 16a had a gain amount.
I think turbo tax may be correct. Will this discrepancy between last year and this year give any problem?
There should be no issue either way. Line 16b of your NJ 1065 is reporting the apportioned amount of income to NJ if the percentage listed is less than 100. It's not necessary to complete the line if you are reporting 100% NJ income, but it also does not hurt anything to have it show there. The main point is to be sure to report the correct percentage.
Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.
Explore your optionsEnter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2026 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, Credit Karma, and Mailchimp are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.
Security Certification of the TurboTax Online application has been performed by C-Level Security.
By accessing and using this page you agree to the Terms of Use.
© 2026 Intuit Canada ULC or its affiliated companies. All rights reserved. Intuit, QuickBooks, QB, TurboTax and ProFile are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.
Copyright © Intuit Canada ULC, 2026. All rights reserved.
© 2026, Entreprises Intuit Canada ULC ou ses sociétés affiliées. Tous droits réservés. Intuit, QuickBooks, QB, TurboImpôt et ProFile sont des marques déposées d’Intuit Inc. Les modalités, prix, fonctions et options de service et de soutien peuvent changer sans préavis.
© 2026, Entreprises Intuit Canada ULC. Tous droits réservés.
