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New Member
posted Jun 1, 2019 12:42:25 PM

Why is my self employment taxable income after deductions on my federal return, different and less than the taxable amount shown on the screen for New Jersey taxes?

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1 Best answer
Intuit Alumni
Jun 1, 2019 12:42:27 PM

New Jersey does not sunbract the Qualified Business Deduction form your business income.  

https://www.njleg.state.nj.us/2018/Bills/A4500/4202_I1.HTM

1 Replies
Intuit Alumni
Jun 1, 2019 12:42:27 PM

New Jersey does not sunbract the Qualified Business Deduction form your business income.  

https://www.njleg.state.nj.us/2018/Bills/A4500/4202_I1.HTM