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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:

Who Must File
Every partnership that has income or loss derived from sources in the State of New Jersey, or has a New Jersey resident partner, must file Form NJ-1065.  A partnership must file even if its principal place of business is outside the Sate of New Jersey.  Form NJ-1065 is no longer solely an information return.  A filing fee and tax may be imposed on the partnership.  Partners subject to the gross income tax still must report and pay tax on their share of partnership income or loss.

Maybe someone else will have more insight?

Robbin Atwell
Duke & Duke Investment Club
Pennsylvania



-----Original Message-----
From: club_cafe@bivio.com [mailto:club_cafe@bivio.com]On Behalf Of
Michael Greenberger
Sent: Friday, March 13, 2009 02:50 PM
To: club_cafe@bivio.com
Subject: club_cafe: RE: NJ Taxes


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

edited for typo
-----Original Message-----
From: club_cafe@bivio.com [mailto:club_cafe@bivio.com]On Behalf Of M R Atwell
Sent: Friday, March 13, 2009 03:47 PM
To: The Club Cafe
Subject: RE: club_cafe: RE: NJ Taxes

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  NOT 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:

Who Must File
Every partnership that has income or loss derived from sources in the State of New Jersey, or has a New Jersey resident partner, must file Form NJ-1065.  A partnership must file even if its principal place of business is outside the Sate of New Jersey.  Form NJ-1065 is no longer solely an information return.  A filing fee and tax may be imposed on the partnership.  Partners subject to the gross income tax still must report and pay tax on their share of partnership income or loss.

Maybe someone else will have more insight?

Robbin Atwell
Duke & Duke Investment Club
Pennsylvania



-----Original Message-----
From: club_cafe@bivio.com [mailto:club_cafe@bivio.com]On Behalf Of
Michael Greenberger
Sent: Friday, March 13, 2009 02:50 PM
To: club_cafe@bivio.com
Subject: club_cafe: RE: NJ Taxes


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

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:
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?
 

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
-----Original Message-----
From: club_cafe@bivio.com [mailto:club_cafe@bivio.com]On Behalf Of iras1
Sent: Friday, March 13, 2009 07:08 PM
To: The Club Cafe
Subject: Re: club_cafe: RE: NJ Taxes

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:
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?
 


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