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NJ Taxes We are a NY partnership and we have a NJ partner. According to the NJ tax website, we have to file a return in NJ also. Does anyone know if this is true, and if so, how come Bivio did not generate a NJ 1065? Michael We have the same situation. We are in PA and we have 2 NJ members. The NJ 1065 directions do say that it is required if there are any partners in NJ so we filed a return last year. To get Bivio to generate a NJ return for me, I retook the tax interview and changed the club address to NJ from PA and then generated a NJ return with Bivio. Then I reviewed the form and corrected all the addresses and looked for any other changes. That is what I plan to do again this year unless anyone has better advice. Robbin Atwell Duke & Duke Investment Club -----Original Message----- From: club_cafe@bivio.com [mailto:club_cafe@bivio.com]On Behalf Of Michael Greenberger Sent: Tuesday, March 03, 2009 10:29 PM To: club_cafe@bivio.com Subject: club_cafe: NJ Taxes We are a NY partnership and we have a NJ partner. According to the NJ tax website, we have to file a return in NJ also. Does anyone know if this is true, and if so, how come Bivio did not generate a NJ 1065? Michael So I took your advice and changed the address, and it worked and Bivio generated the NJ return. We then tried to file it in NJ and we got an error stating that we were not registered in NJ. I guess we overlooked that when the NJ partner joined. Do we have to register in NJ? And does any one know how much it costs? Michael M R Atwell wrote: > We have the same situation. We are in PA and we have 2 NJ members. The NJ > 1065 directions do say that it is required if there are any partners in NJ > so we filed a return last year. To get Bivio to generate a NJ return for > me, I retook the tax interview and changed the club address to NJ from PA > and then generated a NJ return with Bivio. Then I reviewed the form and > corrected all the addresses and looked for any other changes. That is what > I plan to do again this year unless anyone has better advice. > Robbin Atwell > Duke & Duke Investment Club > > -----Original Message----- > From: club_cafe@bivio.com [mailto:club_cafe@bivio.com]On Behalf Of > Michael Greenberger > Sent: Tuesday, March 03, 2009 10:29 PM > To: club_cafe@bivio.com > Subject: club_cafe: NJ Taxes > > > We are a NY partnership and we have a NJ partner. According > to the NJ tax website, we have to file a return in NJ also. > Does anyone know if this is true, and if so, how come Bivio > did not generate a NJ 1065? > Michael Hmmmmm.... Haven't seen anything in the instructions about registering. I wouldn't think any sort of registration would be required if you're not a NJ partnership?? The Schedule NJ-NR-A even shows that 0% of business and assets are in NJ. Here is the passage from page 2 of the instructions
that told us we'd need to file, but it doesn't mention anything about
out-of-state partnerships registering: Maybe someone else will have more insight? Robbin Atwell
Duke & Duke Investment Club
Pennsylvania
edited
for typo
I would just not file in NJ. You aren't a NJ partnership and don't have any NJ-source income. The only consequence is that your NJ partner won't be able to efile his personal NJ return.
Ira Smilovitz
In a message dated 03/13/09 14:49:52 Eastern Daylight Time, mjgreenberger@bivio.com writes:
That
seems like good advice -- it's a lot of work just so that someone can
e-file.
Robbin
Atwell
Duke
& Duke Investment Club
Pennsylvania
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