The New Jersey Division of Taxation has released the 2015 web
application for filing the NJ-1065 Partnership Return but the application is
buggy.
Investment clubs that are subject to the filing fee may be able to file their 2015 NJ-1065 at this
time. However, investment clubs that are not subject to the NJ Partnership
Filing Fee cannot complete and file their return using the application at this
time.
The Division of Taxation is aware of the issue and is
working on a solution. We are monitoring the situation closely and will provide
updates as they become available.
At this time, we recommend that clubs that need to file the
NJ-1065 return file a protective extension on Form Part-200-T.
Instructions for
Completing Form Part-200-T
The
Division of Taxation recommends using Internet Explorer to access the site.
Chrome will not work as it does not support Java.
Enter your twelve-digit NJ Taxpayer ID (your federal EIN with three zeros at
the end) and your password and click Submit.
If you don't have a password, you can create one by clicking the box under the
password field.
2.Click
the button next to "File Part-200-T and Payment". Scroll down, make sure the
correct Annual Return Period Dates (Jan 01 2015 and Dec 31 2015) are showing
and click Submit.
3.You
should now see the Partnership Application For Extension Of Time To File Return
NJ-1065 screen. Enter 0 for the balance due and click Submit This Return.
4.You
should now be on the Review Screen. Enter your contact information and click File Now.
5.If
you are successful, you should get a confirmation. I haven't been able to
complete this.
6.Alternatively,
you can file a paper copy of the PART-200-T. If you do, we recommend mailing it
using certified mail.
Laurie Frederiksen Invest with your friends! www.bivio.com
This maybe a stupid question but How do you know if your investment club are subject to the NJ Partnership Filing Fee?
Thanks,
Lucy
From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Laurie Frederiksen Sent: Thursday, April 7, 2016 10:31 AM To: The Club Cafe <club_cafe@bivio.com> Subject: [club_cafe] New Jersey Important Tax Filing Status Update
The New Jersey Division of Taxation has released the 2015 web application for filing the NJ-1065 Partnership Return but the application is buggy.
Investment clubs that are subject to the filing fee may be able to file their 2015 NJ-1065 at this time. However, investment clubs that are not subject to the NJ Partnership Filing Fee cannot complete and file their return using the application at this time.
The Division of Taxation is aware of the issue and is working on a solution. We are monitoring the situation closely and will provide updates as they become available.
At this time, we recommend that clubs that need to file the NJ-1065 return file a protective extension on Form Part-200-T.
Instructions for Completing Form Part-200-T
The Division of Taxation recommends using Internet Explorer to access the site. Chrome will not work as it does not support Java.
Enter your twelve-digit NJ Taxpayer ID (your federal EIN with three zeros at the end) and your password and click Submit. If you don't have a password, you can create one by clicking the box under the password field.
2.Click the button next to "File Part-200-T and Payment". Scroll down, make sure the correct Annual Return Period Dates (Jan 01 2015 and Dec 31 2015) are showing and click Submit.
3.You should now see the Partnership Application For Extension Of Time To File Return NJ-1065 screen. Enter 0 for the balance due and click Submit This Return.
4.You should now be on the Review Screen. Enter your contact information and click File Now.
5.If you are successful, you should get a confirmation. I haven't been able to complete this.
6.Alternatively, you can file a paper copy of the PART-200-T. If you do, we recommend mailing it using certified mail.
Laurie Frederiksen Invest with your friends! www.bivio.com
If you generated your NJ-1065 in bivio, look at the bottom half of page 2. If the Partnership Filing Fee section is blank, you are not subject to it. If has been completed, you are.
The exemption to the filing fee applies to investment clubs that have less than $335,000 in total assets and less than $46,900 per member.when measured as of 12/31/2015.
Ira Smilovitz
On Thu, Apr 7, 2016 at 6:25 PM, Lucy Baldi <lucy@baldi.us> wrote:
Hi,
This maybe a stupid question but How do you know if your investment club are subject to the NJ Partnership Filing Fee?
Thanks,
Lucy
From:club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Laurie Frederiksen Sent: Thursday, April 7, 2016 10:31 AM To: The Club Cafe <club_cafe@bivio.com> Subject: [club_cafe] New Jersey Important Tax Filing Status Update
The New Jersey Division of Taxation has released the 2015 web application for filing the NJ-1065 Partnership Return but the application is buggy.
Investment clubs that are subject to the filing fee may be able to file their 2015 NJ-1065 at this time. However, investment clubs that are not subject to the NJ Partnership Filing Fee cannot complete and file their return using the application at this time.
The Division of Taxation is aware of the issue and is working on a solution. We are monitoring the situation closely and will provide updates as they become available.
At this time, we recommend that clubs that need to file the NJ-1065 return file a protective extension on Form Part-200-T.
Instructions for Completing Form Part-200-T
The Division of Taxation recommends using Internet Explorer to access the site. Chrome will not work as it does not support Java.
Enter your twelve-digit NJ Taxpayer ID (your federal EIN with three zeros at the end) and your password and click Submit. If you don't have a password, you can create one by clicking the box under the password field.
2.Click the button next to "File Part-200-T and Payment". Scroll down, make sure the correct Annual Return Period Dates (Jan 01 2015 and Dec 31 2015) are showing and click Submit.
3.You should now see the Partnership Application For Extension Of Time To File Return NJ-1065 screen. Enter 0 for the balance due and click Submit This Return.
4.You should now be on the Review Screen. Enter your contact information and click File Now.
5.If you are successful, you should get a confirmation. I haven't been able to complete this.
6.Alternatively, you can file a paper copy of the PART-200-T. If you do, we recommend mailing it using certified mail.
Laurie Frederiksen Invest with your friends! www.bivio.com
Thanks, my club is not subject to filing fees. I am considering mailing my taxes and sending by certified mail.
Lucy
From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of ira smilovitz Sent: Thursday, April 7, 2016 9:16 PM To: club_cafe@bivio.com Subject: Re: [club_cafe] New Jersey Important Tax Filing Status Update
If you generated your NJ-1065 in bivio, look at the bottom half of page 2. If the Partnership Filing Fee section is blank, you are not subject to it. If has been completed, you are.
The exemption to the filing fee applies to investment clubs that have less than $335,000 in total assets and less than $46,900 per member.when measured as of 12/31/2015.
Ira Smilovitz
On Thu, Apr 7, 2016 at 6:25 PM, Lucy Baldi <lucy@baldi.us> wrote:
Hi,
This maybe a stupid question but How do you know if your investment club are subject to the NJ Partnership Filing Fee?
Thanks,
Lucy
From:club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Laurie Frederiksen Sent: Thursday, April 7, 2016 10:31 AM To: The Club Cafe <club_cafe@bivio.com> Subject: [club_cafe] New Jersey Important Tax Filing Status Update
The New Jersey Division of Taxation has released the 2015 web application for filing the NJ-1065 Partnership Return but the application is buggy.
Investment clubs that are subject to the filing fee may be able to file their 2015 NJ-1065 at this time. However, investment clubs that are not subject to the NJ Partnership Filing Fee cannot complete and file their return using the application at this time.
The Division of Taxation is aware of the issue and is working on a solution. We are monitoring the situation closely and will provide updates as they become available.
At this time, we recommend that clubs that need to file the NJ-1065 return file a protective extension on Form Part-200-T.
Instructions for Completing Form Part-200-T
The Division of Taxation recommends using Internet Explorer to access the site. Chrome will not work as it does not support Java.
Enter your twelve-digit NJ Taxpayer ID (your federal EIN with three zeros at the end) and your password and click Submit. If you don't have a password, you can create one by clicking the box under the password field.
2.Click the button next to "File Part-200-T and Payment". Scroll down, make sure the correct Annual Return Period Dates (Jan 01 2015 and Dec 31 2015) are showing and click Submit.
3.You should now see the Partnership Application For Extension Of Time To File Return NJ-1065 screen. Enter 0 for the balance due and click Submit This Return.
4.You should now be on the Review Screen. Enter your contact information and click File Now.
5.If you are successful, you should get a confirmation. I haven't been able to complete this.
6.Alternatively, you can file a paper copy of the PART-200-T. If you do, we recommend mailing it using certified mail.
Laurie Frederiksen Invest with your friends! www.bivio.com
Just to clarify. Sending your NJ forms in by mail is not an option this year. All NJ clubs need to transpose the information from the forms prepared in bivio to the NJ electronic filing program to file them. It does not matter whether or not your club is subject to the NJ partnership filing fee.
Laurie Frederiksen Invest with your friends! www.bivio.com