1. Entire net income from Schedule A, line 38 (if a net loss, enter zero) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2. Allocation factor from Schedule J, Non-allocating taxpayers enter 1.000000. . . . . . . . . . . . . . . . . . . . . . . . . . . .
3. Allocated net income - Multiply line 1 by line 2. Non-allocating taxpayers must enter the amount from line 1 .
4. a) Total nonoperational income $___________________________ (Schedule O, Part I) (see instruction 38)
b) Allocated New Jersey nonoperational income (Schedule O, Part III) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5. Total operational and nonoperational income (line 3 plus line 4(b)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6. Investment Company - Enter 40% of line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7. Real Estate Investment Trust - Enter 4% of line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8. Tax Base - Enter amount from line 5 or line 6 plus 4(b), or line 7 plus 4(b), whichever is applicable . . . . . . . . .
9. Amount of Tax - Multiply line 8 by the applicable tax rate (see instruction 11(a)) . . . . . . . . . . . . . . . . . . . . . . . .
10. Tax Credits (from Schedule A-3) (see instruction 44) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11. TOTAL CBT TAX LIABILITY - line 9 minus line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12. Alternative Minimum Assessment (Schedule AM, Part VI, line 5) Check and enter zero if AMA paid by a .
Key Corporation (see instruction 23) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13. Tax Due (greater of line 11 or 12 or minimum tax due from Schedule A-GR or instruction 11(d)) . . . . . . . . . . . .
14. Key Corporation AMA Payment (Form 401, Part II, line 5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15. Subtotal - (Sum of lines 13 and 14) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16. Installment Payment - (Only applies if line 13 is $500 - see instruction 45) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17. Professional Corporation Fees (Schedule PC, line 5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18. TOTAL TAX AND PROFESSIONAL CORPORATION FEES (sum of lines 15, 16, and 17) . . . . . . . . . . . . . . . . .
19. Payments & Credits (see instruction 46) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
a) Payments made by Partnerships on behalf of taxpayer (attach copies of all NJK-1’s) . . . . . . . . . . . . . . . . . .
20. Balance of Tax Due - line 18 minus line 19 and 19(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21. Penalty and Interest Due - (see instructions 7(e) and 47) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22. Total Balance Due - line 20 plus line 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23. If line 19 plus 19(a) is greater than line 18 plus line 21,
enter the amount of overpayment . . . . . . . . . . . . . . . . . . . . . . . . . . .
24. Amount of Item 23 to be
SIGNATURE AND
VERIFICATION
(See Instruction 14)
2013-C - Page 1
2013
CBT-100
NEW JERSEY CORPORATION BUSINESS TAX RETURN
FOR TAXABLE YEARS ENDING ON OR AFTER
JULY 31, 2013 THROUGH JUNE 30, 2014
Taxable year beginning __________, ______, and ending ___________, ______
1.
2.
.
3.
4(b).
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
19(a).
20.
21.
22.
DIVISION USE
Type or print the requested information. Check if address change appears below.
FEDERAL EMPLOYER I.D. NUMBER N.J. CORPORATION NUMBER
CORPORATION NAME
MAILING ADDRESS
CITY STATE ZIP CODE
Check if applicable Initial return 1120-S filer Inactive
State and date of incorporation _______________________________________
Date authorized to do business in N.J. _________________________________
Federal business activity code ________________________________________
Corporation books are in the care of ___________________________________
at_______________________________________________________________
Telephone Number (_________) _____________________________
DIVISION USE
RP NP A______________ R ______________
Credited to 2014 return
$
Refunded
$
$
I declare under the penalties provided by law, that this return (including any accompanying schedules and statements) has been examined by me and to the best of my
knowledge and belief is a true, correct and complete return. If the return is prepared by a person other than the taxpayer, his declaration is based on all the information relating
to the matters required to be reported in the return of which he has knowledge.
__________________________________________________________________________________________________________________________________________
(Date) (Signature of Duly Authorized Officer of Taxpayer) (Title)
__________________________________________________________________________________________________________________________________________
(Date) (Signature of Individual Preparing Return) (Address) (Preparer’s ID Number)
__________________________________________________________________________________________________________________________________________
(Name of Tax Preparer’s Employer) (Address) (Employer’s ID Number)
1. Gross receipts or sales ______________ Less returns and allowances _____________ . . . . . . .
2. Less: Cost of goods sold (Schedule A-2, line 8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3. Gross profit - Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4. Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5. Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6. Gross rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7. Gross royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8. Capital gain net income (attach separate Federal Schedule D) . . . . . . . . . . . . . . . . . . . . . . . . . . .
9. Net gain or (loss) from Federal Form 4797 (attach Federal Form 4797) . . . . . . . . . . . . . . . . . . . .
10. Other income (attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11. TOTAL INCOME - Add lines 3 through 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12. Compensation of officers (Schedule F) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13. Salaries and wages __________________ Less jobs credit __________________ Balance . . . .
14. Repairs (Do not include capital expenditures) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15. Bad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16. Rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17. Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18. Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19. Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
20a. Depreciation from Federal Form 4562 (attach copy) . . . . . . . . . . . . .
20b. Less depreciation claimed in Schedule A and elsewhere on return . .
21. Depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22. Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23. Pension, profit-sharing plans, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24. Employee benefit programs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
25. Domestic production activities deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
26. Other deductions (attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27. TOTAL DEDUCTIONS - Add lines 12 through 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
28. Taxable income before net operating loss deductions and special deductions (line 11 less
line 27 must agree with line 28, page 1 of the Unconsolidated Federal Form 1120, or the
appropriate line item from the Federal Forms 1120-IC-DISC, 1120-FSC or 1120-A, whichever
is applicable). (See instructions 8(b) and 16(c)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
NEW JERSEY ADJUSTMENTS -- LINES 29 - 38 MUST BE COMPLETED ON THIS FORM
29. Interest on Federal, State, Municipal and other obligations not included in Item 5 above
(see instruction 16(d)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
30. Related interest addback (Schedule G, Part I) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
31. New Jersey State and other states taxes deducted above (see instruction 16(f)) . . . . . . . . . . . . .
32. Depreciation and other adjustments from Schedule S (see instruction 43) . . . . . . . . . . . . . . . . . .
33. (a) Deduction for IRC Section 78 Gross-up not deducted at line 37 below . . . . . . . . . . . . . . . . . .
(b) Other deductions and additions. Explain on separate rider. (see instruction 16(h)) . . . . . . . .
(c) Elimination of nonoperational activity (Schedule O, Part I) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(d) Interest and intangible expenses and costs addback (Schedule G, Part II). . . . . . . . . . . . . . . .
34. Entire net income before net operating loss deduction and dividend exclusion (total of lines 28
through 33 inclusive) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
35. Net operating loss deduction from Form 500 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
36. Entire Net Income before dividend exclusion (line 34 minus line 35) . . . . . . . . . . . . . . . . . . . . . . .
37. Dividend Exclusion from Schedule R, line 7. (see instruction 16(j)) . . . . . . . . . . . . . . . . . . . . . . . .
38. ENTIRE NET INCOME (line 36 minus line 37 - carry to page 1, line 1) . . . . . . . . . . . . . . . . . . . . .
2013-C - Page 2
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
SCHEDULE A
COMPUTATION OF ENTIRE NET INCOME (SEE INSTRUCTION 16)
EVERY CORPORATION MUST COMPLETE LINES 1 - 38 OF THIS SCHEDULE.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20c.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33(a).
33(b).
33(c).
33(d).
34.
35.
36.
37.
38.
20a.
20b.
2013-C - Page 3
1. Inventory at beginning of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2. Purchases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3. Cost of labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4. Additional section 263A costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5. Other costs (attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6. Total - Add lines 1 through 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7. Inventory at end of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8. Cost of goods sold - Subtract line 7 from line 6. Enter here and on Schedule A, line 2 . . . . . . . . . .
1. Angel Investor Tax Credit from Form 321 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2. Urban Transit Hub Tax Credit from Form 319 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3: Grow NJ Tax Credit from Form 320 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4. HMO Assistance Fund Tax Credit from Form 310 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5. New Jobs Investment Tax Credit from Form 304 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6. EITHER: a) Urban Enterprise Zone Employee Tax Credit from Form 300 . . . . . . . . . . . . . . . . .
OR b) Urban Enterprise Zone Investment Tax Credit from Form 301 . . . . . . . . . . . . . . . .
7. Redevelopment Authority Project Tax Credit from Form 302 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8. Recycling Equipment Tax Credit from Form 303 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9. Manufacturing Equipment and Employment Investment Tax Credit from Form 305 . . . . . . . . . . . . . .
10. Research and Development Tax Credit from Form 306 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11. Small New Jersey-Based High-Technology Business Investment Tax Credit from Form 308 . . . . . .
12. Neighborhood Revitalization State Tax Credit from Form 311 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13. Effluent Equipment Tax Credit from Form 312 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14. Economic Recovery Tax Credit from Form 313 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15. AMATax Credit from Form 315 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16. Business Retention and Relocation Tax Credit from Form 316 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17. Sheltered Workshop Tax Credit from Form 317 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18. Film Production Tax Credit from Form 318 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19. Other Tax Credits (see instruction 44(s)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
20. Total tax credits taken on this return - Add lines 1 through 19. Enter here and on page 1, line 10 . .
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
SCHEDULE A-1 NET OPERATING LOSS DEDUCTION AND CARRYOVER
N
OTE: SCHEDULE A-1 HAS BEEN REPLACED BY FORM 500. NET OPERATING LOSSES MUST BE
DETAILED ON FORM 500 WHICH IS AVAILABLE SEPARATELY. TO OBTAIN THIS FORM AND RELATED
INFORMATION, REFER TO THE INDEX ON PAGE 14.
1.
2.
3.
4.
5.
6.
7.
8.
SCHEDULE A-2
COST OF GOODS SOLD (See Instruction 18)
SCHEDULE A-3
SUMMARY OF TAX CREDITS (See Instruction 19)
2013-C - Page 4
ALL CORPORATIONS MUST COMPLETE THIS SCHEDULE
AND SUBMIT IT WITH THEIR CBT-100 TAX RETURN
1. Federal Section 199 Domestic Production expensed in arriving at federal taxable income . . . . . . . . 1.
2. Less: New Jersey Separate Entity Domestic Production allowed from Form 501 . . . . . . . . . . . . . . . 2.
3. Net Section 199 adjustment - line 1 minus line 2. Include on Schedule A, line 33(b) . . . . . . . . . . . . 3.
SCHEDULE A-4 Periods Beginning On and After January 1, 2014 SUMMARY SCHEDULE (See Instruction 20)
Net Operating Loss Deduction and Carryover
1. Form 500, line 6 minus line 8 . . . . . . . . . . . . .
1.
6. Schedule J, Part II, line 1(h) . . . . . . . . . . . . . .
6.
Interest and Intangible Costs and Expenses
2. Schedule G, Part I, line b . . . . . . . . . . . . . . . .
2.
Net Operational Income Information
7. Schedule O, Part III, line 31 . . . . . . . . . . . . . .
7.
3. Schedule G, Part II, line b . . . . . . . . . . . . . . .
3.
Dividend Exclusion Information
8. Schedule R, line 4 . . . . . . . . . . . . . . . . . . . . .
8.
Schedule J Information
4. Schedule J, Part II, line 1(f) . . . . . . . . . . . . . .
4.
9. Schedule R, line 6 . . . . . . . . . . . . . . . . . . . . .
9.
5. Schedule J, Part II, line 1(g) . . . . . . . . . . . . . .
5.
Schedule A-GR Information
10. Schedule A-GR, line 6 . . . . . . . . . . . . . . . . .
10.
SCHEDULE A-4 Periods Beginning Prior to January 1, 2014 SUMMARY SCHEDULE (See Instruction 20)
Net Operating Loss Deduction and Carryover
1. Form 500, line 6 minus line 8 . . . . . . .. . . . . .
1.
7. Schedule J, Part III, line 2(h) . . . . . . . .. . . . .
7.
Interest and Intangible Costs and Expenses
2. Schedule G, Part I, line b . . . . . . . . .. . . . . . .
2.
8. Schedule J, Part III, line 3(c) . . . . . . . . . . . .
8.
3. Schedule G, Part II, line b . . . . . . . . .. . . . . . .
3.
Net Operational Income Information
9. Schedule O, Part III, line 31 . . . . . .. . . . . . . .
9.
Schedule J Information
4. Schedule J, Part III, line 1(c) . . . . . . . . . . . . .
4.
Dividend Exclusion Information
10. Schedule R, line 4 . . . . . . . . . . . . . . . . . . .
10.
5. Schedule J, Part III, line 2(f) . . . . . . . . . . . . .
5.
11. Schedule R, line 6 . . . . . . . . . . . . . . . . . . .
11.
6. Schedule J, Part III, line 2(g) . . . . . . . . . . . .
6.
Schedule A-GR Information
12. Schedule A-GR, line 6 . . . . . . . . . . . . . . . .
12.
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
SCHEDULE A-5 FEDERAL IRC SECTION 199 ADJUSTMENT (See Instruction 21)
1. New Jersey Gross Profits - enter amount from Part II, line 5; if less than $1,000,000, enter
zero on line 5 and go to Part V. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.
2. If line 1 is greater than $1,000,000, but not over $10,000,000, complete line 3.
If line 1 is greater than $10,000,000 then go to line 4.
3. (a) Maximum exclusion amount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(a).
(b) Subtract line 3(a) from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(b).
(c) Multiply line 3(b) by .0025 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(c).
(d) Multiply line 3(c) by 1.11111, the NJ AMA Exclusion Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(d).
4. (a) If line 1 is greater than $10,000,000, but not over $15,000,000, multiply line 1 by .0035 . . . 4(a).
(b) If line 1 is greater than $15,000,000, but not over $25,000,000, multiply line 1 by .006 . . . . 4(b).
(c) If line 1 is greater than $25,000,000, but not over $37,500,000, multiply line 1 by .007 . . . . 4(c).
(d) If line 1 is greater than $37,500,000, multiply line 1 by .008 . . . . . . . . . . . . . . . . . . . . . . . . . 4(d).
5. AMAbased on Gross Profits - amount from line 3(d) or 4(a), 4(b), 4(c), or 4(d) . . . . . . . . . . . . . 5.
SCHEDULE AM ALTERNATIVE MINIMUM ASSESSMENT FOR C CORPORATIONS (See Instruction 23)
PART I COMPUTATION OF NEW JERSEY GROSS RECEIPTS
1. Enter sales of tangible personal property shipped to points within New Jersey . . . . . . . . . . . . . . 1.
2. Enter services performed in New Jersey . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.
3. Enter rentals of property situated in New Jersey . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.
4. Enter royalties for the use in New Jersey of patents and copyrights . . . . . . . . . . . . . . . . . . . . . . 4.
5. Enter all other business receipts earned in New Jersey . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.
6. Total New Jersey Gross Receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.
7. Enter minimum tax per instruction 11(d). Carry to page 1, line 13 . . . . . . . . . . . . . . . . . . . . . . . . 7.
1. Enter sales of tangible personal property shipped to points within New Jersey . . . . . . . . . . . . . . 1.
2. Enter services performed in New Jersey . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.
3. Enter rentals of property situated in New Jersey . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.
4. Enter royalties for the use in New Jersey of patents and copyrights . . . . . . . . . . . . . . . . . . . . . . 4.
5. Enter all other business receipts earned in New Jersey . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.
6. Total New Jersey Gross Receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.
PART II COMPUTATION OF NEW JERSEY GROSS PROFITS
1. Enter New Jersey Gross Receipts from Part I, line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.
2. Enter Cost of Goods Sold amount from Schedule A-2, line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.
3. Enter the Allocation Factor or Receipts Factor from Schedule J (Non-allocators enter 100%) . . 3.
4. New Jersey Cost of Goods Sold - multiply line 2 by line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.
5. New Jersey Gross Profits - subtract line 4 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.
PART IV ALTERNATIVE MINIMUM ASSESSMENT BASED UPON GROSS PROFITS
PART III GROSS SALES AND COST OF GOODS SOLD FOR CURRENT AND PRIOR YEARS
2. NJ Cost of
Goods Sold
1. NJ Gross
Receipts
Year 2011
Year 2010
Year 2012
Year 2013
From Part II Above
$1,000,000
SCHEDULE A-GR COMPUTATION OF NEW JERSEY GROSS RECEIPTS AND MINIMUM TAX (See Instruction 22)
2013-C Page 5
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
2013-C Page 6
PART V ALTERNATIVE MINIMUM ASSESSMENT BASED UPON GROSS RECEIPTS
1. New Jersey Gross Receipts - enter amount from Part I, line 6; if less than $2,000,000,
enter zero on line 5 and go to Part VI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.
2. If line 1 is greater than $2,000,000, but not over $20,000,000, complete line 3.
If line 1 is greater than $20,000,000 then go to line 4.
3. (a) Maximum exclusion amount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(a).
(b) Subtract line 3(a) from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(b).
(c) Multiply line 3(b) by .00125 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(c).
(d) Multiply line 3(c) by 1.11111, the NJ AMAExclusion Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(d).
4. (a) If line 1 is greater than $20,000,000, but not over $30,000,000, multiply line 1 by .00175 . . 4(a).
(b) If line 1 is greater than $30,000,000, but not over $50,000,000, multiply line 1 by .003 . . . . 4(b).
(c) If line 1 is greater than $50,000,000, but not over $75,000,000, multiply line 1 by .0035 . . . 4(c).
(d) If line 1 is greater than $75,000,000, multiply line 1 by .004 . . . . . . . . . . . . . . . . . . . . . . . . . 4(d).
5. AMA based on Gross Receipts - amount from line 3(d) or 4(a), 4(b), 4(c), or 4(d) . . . . . . . . . . . 5.
PART VI CORPORATION BUSINESS TAX/ALTERNATIVE MINIMUM ASSESSMENT
1. Enter amount from Part V, line 5, Alternative Minimum Assessment (Gross Receipts) . . . . . . . . 1.
2. Enter amount from Part IV, line 5, Alternative Minimum Assessment (Gross Profits) . . . . . . . . . 2.
3. Maximum Alternative Minimum Assessment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.
4. For the first privilege period, the taxpayer has the option to select the computation of the
Alternative Minimum Assessment on line 1 or 2. However, once selected, the method must
be employed for that privilege period, and for the next succeeding four privilege periods.
Enter your selection on line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.
5. Amount of Tax - enter the lesser of line 3 or line 4. Enter this amount on line 12, page 1 of
the CBT-100. If taxpayer is part of an affiliated group claiming the AMA Threshold Limit,
enter zero on line 12 and go to Part VII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.
1. Enter the name of the elected Key Corporation . . . . . . . .
2. Enter the FID Number of the Key Corporation . . . . . . . . .
3. Enter the AMA tax from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.
4. Enter the CBT liability from CBT-100, page 1, line 11, or the minimum tax, whichever
is greater . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.
5. Excess AMAover CBT - line 3 minus line 4 (If less than zero, enter zero) . . . . . . . . . . . . . . . . . 5.
PART VII KEY CORPORATION ELECTION
$5,000,000
$2,000,000
1. Cash
2. Trade notes and accounts receivable
(a) Reserve for bad debts ( ) ( )
3. Loans to stockholders / affiliates
4. Stock of subsidiaries
5. Corporate stocks
6. Bonds, mortgages and notes
7. New Jersey State and Local government obligations
8. All other government obligations
9. Patents and copyrights
10. Deferred charges
11. Goodwill
12. All other intangible personal property (itemize)
13. Total intangible personal property (total lines 1 to 12)
14. Land
15. Buildings and other improvements
(a) Less accumulated depreciation ( ) ( )
16. Machinery and equipment
(a) Less accumulated depreciation ( ) ( )
17. Inventories
18. All other tangible personalty (net) (itemize on rider)
19. Total real and tangible personal property (total lines 14 to 18)
20. Total assets (add lines 13 and 19)
Liabilities and Stockholder’s Equity
21. Accounts payable
22. Mortgages, notes, bonds payable in less than 1 year (attach schedule)
23. Other current liabilities (attach schedule)
24. Loans from stockholders / affiliates
25. Mortgages, notes, bonds payable in 1 year or more (attach schedule)
26. Other liabilities (attach schedule)
27. Capital stock: (a) Preferred stock
(b) common stock
28. Paid-in or capital surplus
29. Retained earnings - appropriated (attach schedule)
30. Retained earnings - unappropriated
31. Adjustments to shareholders’ equity (attach schedule)
32. Less cost of treasury stock
33. Total liabilities and stockholder’s equity (total lines 21 to 32)
SCHEDULE B BALANCE SHEET AS OF __________________________________________, _________
Figures appearing below must be the same as year-end figures shown on the taxpayer’s books. If not, explain and
reconcile on rider. Consolidated returns are not permitted. See instruction 24.
Assets Beginning of Tax Year End of Tax Year
7. Income recorded on books this year not
included in this return (itemize)
(a) Tax-exempt interest $ _______________
(b) ________________________________
(c) ________________________________
8. Deductions in this tax return not charged
against book income this year (itemize)
(a) Depreciation $ _____________________
(b) Contributions Carryover $ ____________
____________________________________
9. Total of lines 7 and 8
10. Income (Item 28, Schedule A) - line 6 less 9
SCHEDULE C RECONCILIATION OF INCOME PER BOOKS WITH INCOME PER RETURN (See Instruction 25)
1. Net income per books
2. Federal income tax
3. Excess of capital losses over capital gains
4. Income subject to tax not recorded on
books this year (itemize)
__________________________________
__________________________________
5. Expenses recorded on books this year not
deducted in this return (itemize)
(a) Depreciation $____________________
(b) Contributions Carryover $___________
(c) Other (itemize) $__________________
6. Total of lines 1 through 5
2013-C - Page 7
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
4. Is the capital stock of the taxpayer listed on any exchange? “Yes or No” __________. If yes, specify exchanges where listed and submit taxpayer’s
Annual Report to stockholders for the period covered by this return.
5. Is this corporation a Professional Corporation (PC) formed pursuant to NJSA 14A:17-1 et.seq. or any similar law from a possession or territory of the
United States, a state, or political subdivision thereof? “Yes or No” ____________. If yes, go to the next question.
How many licensed professionals are owners, shareholders, and/or employees from this PC as of the first day of the privilege period? _____________.
Attach a rider providing the names, addresses, and FID or SS numbers of the licensed professionals in the PC. If the number of licensed professionals
is greater than 2, complete Schedule PC-Per Capita Licensed Professional Fee. See instruction 41 for examples of licensed professionals.
6. This question must be answered by corporations with income from sources outside the United States.
(a) Is income from sources outside the United States included in entire net income at line 38 of Schedule A. “Yes or No” ____________.
(b) If the answer is “No”, set forth such items of gross income, the source, the deductions and the amount of foreign taxes paid thereon. Enter at line
33(b), Schedule A, the difference between the net of such income and the amount of foreign taxes paid thereon not previously deducted.
7. During the period covered by the return, did the taxpayer acquire or dispose of directly or indirectly a controlling interest in certain commercial
property? “Yes or No” __________.
1. Balance at beginning of year
2. Net income per books
3. Other increases (itemize)
___________________________________
___________________________________
___________________________________
___________________________________
___________________________________
4. Total of lines 1, 2 and 3
5. Distributions
(a) Cash $ ___________________________
(b) Stock $___________________________
(c) Property $_________________________
6. Other decreases (itemize)
____________________________________
____________________________________
7. Total of lines 5 and 6
8. Balance end of year (line 4 less 7)
SCHEDULE C-1 ANALYSIS OF UNAPPROPRIATED RETAINED EARNINGS PER BOOKS (See Instruction 25)
1. Type of business__________________________________________________________________________________________________________
Principal products handled __________________________________________________________________________________________________
Internal Revenue Center where corresponding Federal tax return was filed____________________________________________________________
2. FINAL DETERMINATION OF NET INCOME BY FEDERAL GOVERNMENT (See Instruction 15)
Has a change or correction in the amount of taxable income of the reporting corporation or for any other corporation purchased, merged or
consolidated with the reporting corporation, been finally determined by the Internal Revenue Service, and not previously reported to New Jersey?
“Yes” or “No” _______________________. If “Yes”, an amended return must be filed.
3. Did one or more other corporations own beneficially, or control, a majority of the stock of taxpayer corporation or did the same interests own
beneficially, or control, a majority of the stock of taxpayer corporation and of one or more other corporations?
“Yes” or “No” _______________________. If “Yes”, give full information below (Attach rider if necessary).
SCHEDULE E GENERAL INFORMATION (See Instruction 26)
ALL TAXPAYERS MUST ANSWER THE FOLLOWING QUESTIONS. RIDERS MUST BE PROVIDED WHERE NECESSARY.
Percent of Stock
Name of Controlled Corporations Owned or Controlled By Whom Controlled
2013-C - Page 8
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
SCHEDULE F CORPORATE OFFICERS - GENERAL INFORMATION AND COMPENSATION (See Instruction 27)
(1) (2) (3) (4) (5) (6)
Dates Employed Percent of Corporation Amount of
Name and Current Address of Officer Social Security Number Title in this position Stock Owned Compensation
From To Common Preferred
(a) Total compensation of officers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b) Less: Compensation of officers claimed elsewhere on the return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) Balance of compensation of officers (enter here and on Schedule A, line 12, page 2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SCHEDULE G - PART I INTEREST (See Instruction 28)
1. Was interest paid, accrued or incurred to a related member(s), deducted from entire net income?
“Yes” or “No” _______________________. If “Yes”, fill out the following schedule.
Name of Related Member Federal ID Number
Relationship to Taxpayer
Amount Deducted
(a) Total amount of interest deducted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b) Less: Exceptions (see instruction 28) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) Balance of interest deducted (carry to Schedule A, line 30) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SCHEDULE G - PART II INTEREST EXPENSES AND COSTS AND INTANGIBLE EXPENSES AND COSTS (See Instruction 28)
1. Were intangible expenses and costs including intangible interest expenses and costs, paid, accrued or incurred to related members, deducted from
entire net income? “Yes” or “No” _______________________. If “Yes”, fill out the following schedule.
Name of Related Member
Federal ID Number
Relationship to Taxpayer
Amount Deducted
Type of Intangible
Expense Deducted
(a) Total amount of intangible expenses and costs deducted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b) Less: Exceptions (see instruction 28) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) Balance of intangible expenses and costs deducted (carry to Schedule A, line 33(d)) . . . . . . . . . . . . . . . . . . . . . . .
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
2013-C - Page 9
()
()
SCHEDULE H
TAXES (See Instructions 16(f) and 29)
Include all taxes paid or accrued during the accounting period wherever deducted onSchedule A.
(a)
Corporation
Franchise Business
Taxes
(b)
Corporation
Business/Occupancy
Taxes
(c)
Property
Taxes
(d)
U.C.C or
Payroll
Taxes
(e)
Other Taxes
(attach schedule)
(f)
Total
1. New Jersey Taxes
2. Other States & U.S.
Possessions
3. City and Local Taxes
4. Taxes Paid to Foreign
Countries
5. Total
6. Combine lines 5(a) and
5(b)
7. Sales & Use Taxes Paid by
a Utility Vendor
8. Add lines 6 and 7 - Carry
to Schedule A, line 31.
9. Federal Taxes
10. Total (Combine line 5
and line 9)
*Include on line 4 taxes paid or accrued to any foreign country, state, province, territory, or subdivision thereof.
Complete by carrying the fraction to six
(6) decimal places. Do not express as a
percent. Example:
6541 2 3
•
123,456
1,000,000
=
2013-C - Page 10
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
PART I ALL ALLOCATING COMPANIES MUST ANSWER THE FOLLOWING QUESTIONS (See Instruction 32)
(a) State the number of regular corporate places of business maintained outside this State (See instruction 32) _______________________________
(b) List the address of at least one such regular place of business _____________________________________________________________________
(c) List the States in which the taxpayer maintained a permanent and continuous place of business, indicating type of establishment, such as warehouse,
factory, store, office, etc. ___________________________________________________________________________________________________
(d) Give the address of every factory, warehouse, store, or other place of business in New Jersey, indicating type of establishment _________________
______________________________________________________________________________________________________________________
(e) Number of people employed (average) in New Jersey ____________________________ outside New Jersey _______________________________
(f) Explain in detail internal controls used in distribution of receipts in and out of New Jersey, as shown in Part III, line 2 __________________________
_______________________________________________________________________________________________________________________
(g) State the location of the actual seat of management or control of the corporation________________________________________________________
PART II AVERAGE VALUES (See Instruction 33A)
(a) This schedule showing average values of real and tangible personal property must be completed by every taxpayer entitled to and electing to allocate.
(b) The average values of real and tangible personal property owned are to be computed on the basis of the average book values thereof and not on original cost.
Rented or leased property is valued at 8 times the annual rent, including any amounts paid or accrued in addition to or in lieu of rent during the period covered
by the return. All other property which is used by the taxpayer but is neither owned, rented or leased, should be valued at book value, however, if no such
book value exists, the market value of the property should be used.
(c) The frequency upon which the amounts in Columns Aand B below have been averaged is _____________________________ (See instruction 33A).
1. Average value of the taxpayer’s real and tangible personal property:
(a) In New Jersey (Part II, Column A, line 8)
1(a)
(b) Everywhere (Part II, Column B, line 8)
1(b)
(c) Percentage in New Jersey (line 1(a) divided by line 1(b)).
1(c)
(d) Weighted property factor (Multiply line 1(c) by 1.5). Enter in Column B.
1(d)
2. Receipts:
(a) From sales of tangible personal property shipped to points within New Jersey.
2(a)
(b) From services performed in New Jersey.
2(b)
(c) From rentals of property situated in New Jersey.
2(c)
(d) From royalties for the use in New Jersey of patents and copyrights.
2(d)
(e) All other business receipts earned in New Jersey. (See instruction 34(c))
2(e)
(f) Total New Jersey receipts (Total of lines 2(a) to 2(e), inclusive, in Column A)
2(f)
(g) Total receipts from all sales, services, rentals, royalties and other business
transactions everywhere.
2(g)
(h) Percentage in New Jersey (line 2(f) divided by line 2(g)).
2(h)
(i) Weighted receipts factor (Multiply line 2(h) by 7). Enter in Column B.
2(i)
3. Wages, salaries and other personal service compensation (See instruction 34(e))
(a) In New Jersey
3(a)
(b) Everywhere
3(b)
(c) Percentage of New Jersey (line 3(a) divided by line 3(b)).
3(c)
(d) Weighted payroll factor (Multiply line 3(c) by 1.5). Enter in Column B.
3(d)
4. Sum of New Jersey percentages shown at lines 1(d), 2(i) and 3(d). Enter in Column B.
4
5. Allocation Factor (line 4 divided by ten)
See instruction 34(f). Enter in Column B and carry to line 2, page 1, of the CBT-100.
5
COLUMN A (omit cents) COLUMN B
ASSETS
AVERAGE VALUES (See instruction 33A)
(Omit Cents)
DIVISION USE ONLY
Column A - New Jersey Column B - Everywhere
1. Land
2. Buildings and other Improvements
3. Machinery and Equipment
4. Inventories
5. All other Tangible Personalty Owned (Itemize on Rider)
6. Property rented or leased (8 x Annual Rent)
7. All other Property Used
8. Total Real and Tangible Personal Property
SCHEDULE J FOR PERIODS BEGINNING ON OR AFTER JANUARY 1, 2012 AND BEFORE JANUARY 1, 2013.
Parts I, II,
and III
ALL TAXPAYERS, REGARDLESS OF THE AMOUNT OF ENTIRE NET INCOME REPORTED ON SCHEDULE A, LINE 38, OF THE
CBT-100, SHOULD COMPLETE SCHEDULE J. THIS SCHEDULE SHOULD BE OMITTED IF THE TAXPAYER DOES NOT HAVE
ANY PROPERTY, RECEIPTS OR PAYROLL OUTSIDE NEW JERSEY AND THE ALLOCATION FACTOR WILL BE 100% (1.000000).
PART III COMPUTATION OF ALLOCATION FACTOR (See Instruction 34)
1(d)
2(i)
.
.
.
.
3(d)
.
4
.
5
.
.
Complete by carrying the fraction to six
(6) decimal places. Do not express as a
percent. Example:
6541 2 3
•
123,456
1,000,000
=
2013-C - Page 11
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
PART I ALL ALLOCATING COMPANIES MUST ANSWER THE FOLLOWING QUESTIONS (See Instruction 32)
(a) State the number of regular corporate places of business maintained outside this State (See instruction 32) _______________________________
(b) List the address of at least one such regular place of business _____________________________________________________________________
(c) List the States in which the taxpayer maintained a permanent and continuous place of business, indicating type of establishment, such as warehouse,
factory, store, office, etc. ___________________________________________________________________________________________________
(d) Give the address of every factory, warehouse, store, or other place of business in New Jersey, indicating type of establishment _________________
______________________________________________________________________________________________________________________
(e) Number of people employed (average) in New Jersey ____________________________ outside New Jersey _______________________________
(f) Explain in detail internal controls used in distribution of receipts in and out of New Jersey, as shown in Part III, line 2 __________________________
_______________________________________________________________________________________________________________________
(g) State the location of the actual seat of management or control of the corporation________________________________________________________
PART II AVERAGE VALUES (See Instruction 33A)
(a) This schedule showing average values of real and tangible personal property must be completed by every taxpayer entitled to and electing to allocate.
(b) The average values of real and tangible personal property owned are to be computed on the basis of the average book values thereof and not on original cost.
Rented or leased property is valued at 8 times the annual rent, including any amounts paid or accrued in addition to or in lieu of rent during the period covered
by the return. All other property which is used by the taxpayer but is neither owned, rented or leased, should be valued at book value, however, if no such
book value exists, the market value of the property should be used.
(c) The frequency upon which the amounts in Columns Aand B below have been averaged is _____________________________ (See instruction 33A).
1. Average value of the taxpayer’s real and tangible personal property:
(a) In New Jersey (Part II, Column A, line 8)
1(a)
(b) Everywhere (Part II, Column B, line 8)
1(b)
(c) Percentage in New Jersey (line 1(a) divided by line 1(b)).
1(c)
(d) Weighted property factor (Multiply line 1(c) by 0.5). Enter in Column B.
1(d)
2. Receipts:
(a) From sales of tangible personal property shipped to points within New Jersey.
2(a)
(b) From services performed in New Jersey
2(b)
(c) From rentals of property situated in New Jersey
2(c)
(d) From royalties for the use in New Jersey of patents and copyrights
2(d)
(e) All other business receipts earned in New Jersey. (See instruction 34(c))
2(e)
(f) Total New Jersey receipts (Total of lines 2(a) to 2(e), inclusive, in Column A)
2(f)
(g) Total receipts from all sales, services, rentals, royalties and other business
transactions everywhere.
2(g)
(h) Percentage in New Jersey (line 2(f) divided by line 2(g)
2(h)
(i) Weighted receipts factor (Multiply line 2(h) by 9). Enter in Column B.
3. Wages, salaries and other personal service compensation (See instruction 34(e))
(a) In New Jersey
3(a)
(b) Everywhere
3(b)
(c) Percentage of New Jersey (line 3(a) divided by line 3(b)).
3(c)
(d) Weighted payroll factor (Multiply line 3(c) by 0.5). Enter in Column B.
4. Sum of New Jersey percentages shown at lines 1(d), 2(i), and 3(d)
Enter in Column B.
5. Allocation Factor (line 4 divided by ten)
See instruction 34(f). Enter in Column B and carry to line 2, page 1, of the CBT-100.
.
.
.
.
.
.
.
.
2(i)
3(d)
4
5
1(d)
COLUMN A (omit cents) COLUMN B
ASSETS
AVERAGE VALUES (See instruction 33A)
(Omit Cents)
DIVISION USE ONLY
Column A - New Jersey Column B - Everywhere
1. Land
2. Buildings and other Improvements
3. Machinery and Equipment
4. Inventories
5.All other Tangible Personalty Owned (Itemize on Rider)
6. Property rented or leased (8 x Annual Rent)
7. All other Property Used
8. Total Real and Tangible Personal Property
SCHEDULE J FOR PERIODS BEGINNING ON OR AFTER JANUARY 1, 2013 AND BEFORE JANUARY 1, 2014.
Parts I, II,
and III
ALL TAXPAYERS, REGARDLESS OF THE AMOUNT OF ENTIRE NET INCOME REPORTED ON SCHEDULE A, LINE 38, OF THE
CBT-100, SHOULD COMPLETE SCHEDULE J. THIS SCHEDULE SHOULD BE OMITTED IF THE TAXPAYER DOES NOT HAVE
ANY PROPERTY, RECEIPTS OR PAYROLL OUTSIDE NEW JERSEY AND THE ALLOCATION FACTOR WILL BE 100% (1.000000).
PART III COMPUTATION OF ALLOCATION FACTOR (See Instruction 34)
2013-C - Page 12
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
SCHEDULE J FOR PERIODS BEGINNING ON OR AFTER JANUARY 1, 2014.
Parts I and II
ALL TAXPAYERS, REGARDLESS OF THE AMOUNT OF ENTIRE NET INCOME REPORTED ON SCHEDULE A, LINE 38, OF THE
CBT-100, SHOULD COMPLETE SCHEDULE J. THIS SCHEDULE SHOULD BE OMITTED IF THE TAXPAYER DOES NOT HAVE
RECEIPTS OUTSIDE NEW JERSEY; THE ALLOCATION FACTOR WILL BE 100% (1.000000).
PART I ALL COMPANIES MUST ANSWER THE FOLLOWING QUESTIONS (See Instructions 32)
(a) Explain in detail internal controls used in distribution of receipts in and out of New Jersey, s shown in Part II __________________________________
________________________________________________________________________________________________________________________
(b) State the location of the actual seat of management or control of the corporation ________________________________________________________
PART II COMPUTATION OF ALLOCATION FACTOR (See Instructions 33B)
1. Receipts: AMOUNTS (omit cents)
(a) From sales of tangible personal property shipped to points within New Jersey.
(b) From services performed in New Jersey.
(c) From rentals of property situated in New Jersey.
(d) From royalties for the use in New Jersey of patents and copyrights.
(e) All other business receipts earned in New Jersey (See instruction 33B).
(f) Total New Jersey receipts (Total of Lines 2(a) to 2(e), inclusive).
(g) Total receipts from all sales, services, rentals, royalties and other business
transactions everywhere.
(h) Allocation Factor (Percentage in New Jersey (Line 1(f)) divided by Line 1(g)).
Enter result in Line 1(h) and carry to Line 2, Page 1, of the CBT-100.
Complete by carrying the fraction to six
(6) decimal places. Do not express as a
percent. Example:
6541 2 3
•
123,456
1,000,000
=
.
1. DEFINITION OF INVESTMENT COMPANY: “Investment company”
shall mean any corporation whose business during the period covered
by its report consisted to the extent of at least 90% thereof, of holding,
investing and reinvesting in stocks, bonds, notes, mortgages,
debentures, patents, patent rights and other securities, for its own
account. But this shall not include any corporation which: (1) is a
merchant or a dealer of stocks, bonds and other securities, regularly
engaged in buying the same and selling the same to customers; or (2)
had less than 90% of its average gross assets in New Jersey, at cost,
invested in stocks, bonds, debentures, mortgages, notes, patents,
patent rights or other securities or consisting of cash on deposit during
the period covered by its report; or (3) is a banking corporation or a
financial business corporation as defined in the Corporation Business
Tax Act.
2. NOTE: If taxpayer does not qualify under this definition, it is not entitled
to report as an investment company.
3. In order to qualify as an investment company, taxpayer must submit a
schedule showing that it meets the following three-part business test
and the assets test.
(a) i Income Adjusted: For purposes of the 90% requirement above,
taxpayer, during the entire period covered by its report, must have
derived 90% or more of its total income before deductions as
reported for Federal income tax purposes from cash and/or
investment type assets. Total income before deductions as
reported for Federal income tax purposes must be adjusted as
follows:
(1) Add gross receipts or gross sales adjusted for gross profit
(loss) reported for Federal income taxes;
(2) Add gross sales price from the disposition of assets adjusted
for capital gain or loss or net gain or loss reported for Federal
income taxes;
(3) Add interest on Federal, State, municipal and other obligations
included in determining New Jersey net income, but not
otherwise included in Federal total income;
(4) Do not add any capital loss carry back or carry forward in
computing total income.
ii Income Unadjusted: For purposes of the 90% requirement above,
taxpayer during the entire period covered by its report, must have
derived 90% or more of its total income before deductions as
reported for Federal income tax purposes from cash and/or
investment type assets, plus interest on Federal, State municipal
and other obligations not otherwise included in Federal taxable
income and exclusive of any capital loss carry back or carry
forward.
(1) A gain resulting from the disposition of an asset and reported
on the installment basis for Federal income taxes is
considered income for purposes of the investment company
statute in the year in which the installment is received under
both 3(a) i and ii above. Income reported on the installment
basis is treated as investment type income only if it is
generated by the sale of an investment type asset. Interest
income received in conjunction with each installment is
deemed investment type income.
iii Deductions: For purposes of the 90% requirement above, the
taxpayer, during the entire period covered by its report, must have
incurred 90% or more of its total deductions as reported for
Federal income tax purposes for holding, investing and
reinvesting in cash and/or investment type assets.
(b) Assets test: For purposes of the 90% requirement provided by 1.(2)
above, at least 90% of the taxpayer’s gross assets located in New
Jersey, valued at cost, must consist of cash and/or investment type
assets, during the period covered by its report.
4. The election to report as an investment company is effective only for the
particular year covered by the return and if desired for a subsequent
year must be renewed.
5. The minimum tax is computed in accordance with instruction 11(d) and
Schedule A-GR.
REGULATED INVESTMENT COMPANIES -
GENERAL INFORMATION (See Instruction 36)
1. Is this taxpayer registered and regulated under the Federal Investment
Company Act of 1940 (54 Stat. 789, as amended)?
“Yes” or “No” __________
If “Yes”, give registration number and date of registration with the
Securities and Exchange Commission:
Reg No. _____________________ Date _________________
IMPORTANT NOTE: If the taxpayer’s certificate under the Act was not
obtained prior to the commencement of the period covered in the return
or if such authority was not continued during such entire period, then
the taxpayer is not entitled to report as a Regulated Investment
Company.
2. Has the taxpayer satisfied the requirements of Chapter 1, Subchapter
M, Part I, Section 852(a) of the Federal Internal Revenue Code? “Yes”
or “No” __________. If “No”, taxpayer is not entitled to report as a
Regulated Investment Company.
3. Every taxpayer seeking to report as a regulated investment company
MUST SUBMIT WITH THIS RETURN ITS PRINTED ANNUAL
REPORT TO STOCKHOLDERS for the period covered by this return
together with all other stockholder reports issued by the company during
such period.
4. The tax liability for a Regulated Investment Company is computed in
accordance with instruction 11(d) and Schedule A-GR and should be
reported on Line 9, page 1 of the return.
REAL ESTATE INVESTMENT TRUSTS -
GENERAL INFORMATION (See Instruction 36)
1. Is the taxpayer a corporation, unincorporated trust or unincorporated
association which is qualified and has elected to be taxed as a real
estate investment trust under Federal law?
“Yes” or “No” __________.
SCHEDULE L INVESTMENT COMPANIES (See Instruction 35)
SCHEDULE M REGULATED INVESTMENT COMPANIES AND REAL ESTATE INVESTMENT TRUSTS
2013-C - Page 13
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
(2)
Date and
State where
Organized
(6)
New Jersey
Nexus
Yes No
(1)
Name of Partnership
LLC, or Other Entity and Federal ID Number
Totals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
2013-C - Page 14
SCHEDULE P SUBSIDIARY INVESTMENT ANALYSIS (See Instruction 39)
NOTE: Taxpayers must hold at least 80% of the combined voting power of all classes of stock entitled to vote and at least 80% of the total number of shares of all other classes
of stock, except non-voting stock which is limited and preferred as to dividends, for each subsidiary. Do not include advances to subsidiaries in book value.
(1)
Name of Subsidiary
(4)
Dividend Income
(as reported in Schedule A)
(3)
Book Value
(as reported in Schedule B)
(2)
Percentage of Interest
Voting Non-Voting
SCHEDULE R DIVIDEND EXCLUSION (See Instruction 42)
1. Dividend income included in Schedule A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.
2. Less: Dividend Income - Schedule P, Column (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.
3. Balance (line 1 less line 2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.
4. Less: Dividend income from investments where taxpayer owns less than 50% of voting stock and less than
50% of all other classes of stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.
5. Balance (line 3 less line 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.
6. 50% of line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.
7. DIVIDEND EXCLUSION: Line 2 plus line 6 (Carry to Schedule A, line 37) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.
SCHEDULE P-1 PARTNERSHIP INVESTMENT ANALYSIS (See Instruction 40)
(7)
Tax Payments Made on Behalf
of Taxpayer by Partnerships
(3)
Percentage
of
Ownership
(4)
Limited General
Partner Partner
(5)
Tax Accounting Method
Flow Separate
Through Accounting
Total Column 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SCHEDULE Q QUALIFIED SUBCHAPTER S SUBSIDIARIES (QSSS)
1. Does this corporation own any Qualified Subchapter S Subsidiaries? . . . . . . . . . . . . . . . . . . . . . . . . . . .Yes _____ No _____
If yes, list all the QSSS’s names, addresses, and FID#’s below. Attach additional rider if necessary. Separately note those subsidiaries that have
made a New Jersey QSSS election and whose activities are included in this return.
SCHEDULE PC
PER CAPITA LICENSED PROFESSIONAL FEE (See Instruction 41)
1 (a). Enter number of resident and non-resident professionals with physical nexus with
New Jersey __________________ x $150 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1(a).
1(b). Enter number of non-resident professionals without physical nexus with
New Jersey __________________ x $150 x allocation factor of the PC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1(b).
1(c). Total Fee Due - Add lines 1(a) and line 1(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1(c).
2. Installment Payment - 50% of line 1(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.
3. Total Fee Due (line 1(c) plus line 2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.
4. Less prior year 50% installment payment and credit (if applicable) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.
5. Balance of Fee Due (line 3 minus line 4). If the result is zero or above, enter this amount on page 1, line 17 . . . 5.
6. Credit to next year’s Professional Corporation Fee (if line 5 is below zero, enter the amount here) . . . . . . . . . . . . 6.
()
()
()
Attach Federal Form 4562 to Return and Include Federal Depreciation Worksheet
Adjustments at Line 32, Schedule A - Depreciation and Certain Safe Harbor Lease Transactions
11. Additions
(a) Amounts from lines 4, 5, 6 and 9 above . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . a.______________________
(b) Special Depreciation Allowance - for assets placed in service during accounting
periods beginning on and after January 1, 2002, and for which federal 30%
or 50% bonus depreciation was taken in the current tax year. Include the initial 30%
or 50% bonus amount and the regular depreciation on the adjusted basis. . . . . . . b.______________________
(c) Distributive share of ACRS and MACRS from a partnership . . . . . . . . . . . . . . . . . c.______________________
(d) Deductions on Federal return resulting from an election made pursuant to
IRC Section 168(f)8 exclusive of elections made with respect to mass
commuting vehicles.
Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ____________________
Rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ____________________
Amortization of Transactional Costs . . . . . . . . . . . ____________________
Other Deductions . . . . . . . . . . . . . . . . . . . . . . . . . ____________________ d.______________________
(e) Section 179 depreciation in excess of New Jersey allowable deduction.
Fiscal year filers refer to instruction 43 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . e.______________________
Total line 11 (lines a, b, c, d and e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11. ______________________
12. Deductions
(a) New Jersey depreciation - (From Schedule S, Part II(A)) . . . . . . . . . . . . . . . . . . . a.______________________
(b) New Jersey depreciation - (From Schedule S, Part II(B)) . . . . . . . . . . . . . . . . . . . b.______________________
(c) Recomputed depreciation attributable to distributive share of recovery
property from a partnership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c.______________________
(d) Any income included in the return with respect to property described at
line 11(d) solely as a result of that election . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d.______________________
(e) The lessee/user should enter the amount of depreciation which would have
been allowable under the Internal Revenue Code at December 31, 1980 had
there been no safe harbor lease election . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . e.______________________
(f) Excess of accumulated ACRS, MACRS, or bonus depreciation over accumulated
NJ depreciation on physical disposal of recovery property (attach computations) . f. ______________________
Total line 12 (lines a, b, c, d, e and f) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12. ______________________
13. ADJUSTMENT - (line 11 minus line 12) Enter at line 32, Schedule A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13. ______________________
SCHEDULE S - PART I DEPRECIATION AND SAFE HARBOR LEASING (See Instruction 43)
1. Section 179 Deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.
2. Special Depreciation Allowance - for certain property acquired after September 10, 2001 . . . . . . . . . . . . . . . . . . . . . . 2.
3. a) MACRS - for assets placed in service during accounting periods beginning on and after July 7, 1993 . . . . . . . . 3(a).
b) MACRS - included in line 3(a) for assets on which bonus depreciation and excess section 179 depreciation taken 3(b).
4. MACRS - for assets placed in service during accounting periods beginning prior to July 7, 1993 . . . . . . . . . . . . . . . 4.
5. ACRS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.
6. Other Depreciation - for assets placed in service after December 31, 1980 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.
7. Other Depreciation - for assets placed in service prior to January 1, 1981 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.
8. Listed Property - for assets placed in service during accounting periods beginning on and after July 7, 1993 . . . . . . 8.
9. Listed Property - for assets placed in service during accounting periods beginning prior to July 7, 1993 . . . . . . . . . . 9.
10. Total depreciation claimed in arriving at line 28, Schedule A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
2013-C - Page 15
SCHEDULE S - PART II(A)
N.J. Depreciation on Recovery Property Placed in Service On or After January 1, 1981 and Prior to
Taxpayers Fiscal or Calendar Accounting Periods Beginning On and After July 7, 1993.
(G)
N.J. depreciation
computations
* Year placed in service acceptable for personal property only.
DO NOT USE “VARIOUS” IN ANY COLUMN.
Class Life Asset Depreciation Range (CLADR) System Depreciation - Attach Computations
Column A- Do not classify as 3, 5, 10 or 15 year property. Classify
consistent with Internal Revenue Code at December 31, 1980.
Account for distributive share of partnership property and
deductions separately. Do not include certain safe harbor
lease property.
Column B - Clearly segregate property placed in service during each year.
Depreciation on personal property is to be computed using the
half-year convention such that one half year depreciation is to
be claimed to the exclusion of any other depreciation
convention allowable under the Internal Revenue Code at
December 31, 1980 for property placed in service during the
current year.
Column C - Basis is to be determined at the date property is placed in
service and not as provided under the Internal Revenue Code
at December 31, 1980. It is not to be restated where ACRS
was accepted for certain property placed in service during
1981.
Column D - Depreciation allowable under the method adopted and
consistently applied for property described. Do not adjust for
the effect of any ACRS deducted on the New Jersey
Corporation Business Tax Return for property placed in service
during 1981.
Column E - Any method allowable under the Internal Revenue Code at
December 31, 1980.
Column F - Any life or rate permissible under the Internal Revenue Code at
December 31, 1980. (LIVES PERMISSIBLE UNDER THE IRS
CODE AT DECEMBER 31, 1980 FREQUENTLY DIFFER
FROM ACRS AND MACRS LIVES)
Column G - Consider any salvage value which was required to be
considered under Internal Revenue Code at December 31,
1980. Do not claim depreciation in the year of disposal.
Accumulated depreciation may not exceed accumulated ACRS
and MACRS deductions over the life of the property and
deductions for the final year or years are limited where ACRS
was deducted on the New Jersey return for property placed in
service during 1981.
INSTRUCTIONS
(F)
Life or rate
(E)
Method of
figuring
depreciation
(D)
Depreciation
allowable in earlier
years
(C)
Use Federal basis
(B)
Month, Day and
Year placed in
service*
(A)
Description of Property
Total Column G . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
2013-C - Page 16
2013-C - Page 17
SCHEDULE S - PART II(B)
Special Depreciation Allowance - for assets placed in service during accounting periods beginning on and
after January 1, 2002, and for which federal 30% or 50% bonus depreciation or excess section 179
depreciation was taken.
(H)
N.J. Depreciation
Computations
Column A - Classify consistent with Internal Revenue Code.
Column B - Clearly segregate property placed in service during each year.
Column C - Basis is to be determined at the date property is placed in
service and not as provided after taking the 30% or 50% first-
year depreciation allowance.
Column D - State the amount of the 30% or 50% special depreciation
allowance taken for the first year the property was placed in
service.
Column E - Depreciation allowable under the method adopted and
consistently applied for property described. Do not adjust for
the effect of the 30% or 50% first-year bonus depreciation
allowance.
Column F - Use the same method that was used for Federal purposes.
Column G - Use the same life that was used for Federal purposes.
Column H - Figure the depreciation amount as if the 30% or 50% special
depreciation allowance was not in effect.
INSTRUCTIONS
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
(G)
Life or rate
(F)
Method of
figuring
depreciation
(D)
Special
Depreciation
Allowance
(E)
Depreciation
allowable in
earlier years
(C)
Use Federal basis
(B)
Month, Day
and Year
placed in
service*
(A)
Description of Property
Total Column H . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
*Year placed in service acceptable for personal property only.
1. Total depreciation claimed in arriving at Schedule A, line 28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. ________________________
2. Federal depreciation for assets placed in service after 1-1-98 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. ________________________
3. Net (Subtract line 2 from line 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. ________________________
4. New Jersey depreciation allowable on the Single Asset Account (Assets placed in service prior to 1-1-98)
(a)Total adjusted Federal depreciable basis as of 12-31-97 . . . . . a. _________________________
(b)Excess book depreciable basis over Federal tax basis
as of 12-31-97 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. _________________________
(c) Less accumulated Federal basis for all Single Asset Account
property sold, retired or disposed of to date . . . . . . . . . . . . . . . c. _________________________
(d)Total (line 4a plus line 4b less line 4c) . . . . . . . . . . . . . . . . . . . d. _________________________
5. New Jersey Depreciation (Divide line 4(d) by 30) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5. ________________________
6. New Jersey Adjustment
(a)Depreciation adjustment for assets placed in service prior to
1/1/98 (subtract line 5 from line 3) . . . . . . . . . . . . . . . . . . . . . . a. _________________________
(b)Special bonus depreciation adjustment from Schedule S,
Part I, line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b._________________________
7. Total Adjustment (add lines 6(a) and 6(b)). Enter at line 32, Schedule A . . . . . . . . . . . . . . . . . . . . . 7. ________________________
SCHEDULE S - PART III
NEW JERSEY DEPRECIATION FOR GAS, ELECTRIC, AND GAS AND ELECTRIC PUBLIC UTILITIES
(See Instruction 43)
2013-C - Page 18
NAME AS SHOWN ON RETURN FEDERAL ID NUMBER
Corporation Name Federal ID Number
State of New Jersey
Division of Taxation
CERTIFICATION OF INACTIVITY
For the period beginning ____________________ , __________ and ending ____________________ , __________
SCHEDULE I
(NOTE: Attach this schedule to the taxpayer’s CBT-100 or CBT-100S, whichever is applicable)
I certify that during the period covered by the attached tax return, the above named taxpayer had no
business activities, no income, no assets, and additionally, in the case of a New Jersey S Corporation,
made no distributions, and did not have any change in ownership.
INSTRUCTIONS
In lieu of completing the entire CBT-100 or CBT-100S tax return, an inactive corporation may complete this
schedule and one of the following: pages 1 through 4 of the CBT-100 or pages 1 through 5 of the CBT-100S
or pages 1 through 6 of the CBT-100 software generated version or pages 1 through 7 of the CBT-100S
software generated version, in order to fulfill its filing obligations with the State of New Jersey. An inactive
corporation is a corporation that, during the entire period covered by the tax return, did not conduct any
business, did not have any income, receipts, or expenses, did not own any assets, and additionally, for New
Jersey S corporations, did not make any distributions, and did not have any change in ownership.
This schedule and the applicable pages from the Corporation Business Tax Return must be filed annually by
the taxpayer. The minimum tax liability and installment payment (if applicable) must be reported on page 1 of
the Corporation Business Tax Return. If a balance due exists, taxpayers must submit payment with the
appropriate Corporation Business Tax Payment Voucher, either CBT-100-V or CBT-100S-V.
Schedule I and page 1 of the Corporation Business Tax Return must be signed by an officer of the corporation
who is authorized to attest to the truth of the statements contained therein.
Signature of Corporate Officer Title Date
2013-C - Page 19
CBT-100-V
2013
CORPORATION BUSINESS TAX—PAYMENT VOUCHER
For the period beginning _______________________, 20_____ and ending ____________________, 20_____
Federal Employer I.D. Number Corporation Number
Corporation Name
Mailing Address
City State Zip Code
Return this voucher with your payment.
Make checks payable to: State of New Jersey – CBT
Write the Federal ID number and tax year on the check.
Mail To: Corporation Business Tax
PO Box 666
Trenton, NJ 08646-0666
,, ,,
..
$
02209
Enter amount of payment here:
2013 CBT-100
MAIL COMPLETED CBT-100 TO:
STATE OF NEW JERSEY
DEPARTMENT OF THE TREASURY
DIVISION OF TAXATION
REVENUE PROCESSING CENTER
PO BOX 666
TRENTON, NJ 08646-0666
Form CBT-100 Corporation Business Tax Return
Form CBT-100-V Payment Voucher
Form CBT-160-A Underpayment of Estimated Corporation Tax
Form CBT-160-B Underpayment of Estimated Corporation Tax
Form CBT-200-T Tentative Return and Application for
Extension of Time to File Return
Tax Credit Forms Applicable New Jersey Corporation Business Tax
Credit Forms for the Current Tax Year
TO FILE AND PAY THE ANNUAL REPORT
ELECTRONICALLY, VISIT THE
DIVISION OF REVENUE’S WEBSITE AT:
http://www
.nj.gov/treasury/revenue
CORPORATION BUSINESS TAX RETURN AND RELATED FORMS
NEW JERSEY
General Instructions For
2013 New Jersey Corporation Business Tax
PAYMENT VOUCHER (Form CBT-100-V) and
EXTENSION REQUEST (Form CBT-200-T)
A payment voucher and an extension request are included in this CBT-100 packet.
Please do not staple, paper clip or use any other fastening device to attach a check
to either of these forms. Be sure to print or type the numbers which you are reporting
on these forms within the boundaries of each box as indicated below.
Form CBT-100-V is the document that should be used to remit the Total Balance
Due as reported on page 1, line 22 of the tax return. Use the payment voucher, Form
CBT-100-V, only if you owe tax on the 2013 return and you are not registered with the
Division of Revenue’s Electronic Funds Transfer Program. If you are due a refund and/or
credit on the 2013 return, do not use the payment voucher. The payment voucher should
be mailed along with your check and tax return on or before the original or extended due
date of the tax return, whichever is applicable.
The extension request, Form CBT-200-T, must be postmarked on or before the
original due date of the tax return in order to obtain an automatic six month extension.
Taxpayers may remit the related payment using the Electronic Funds Transfer Program,
however, they must file the CBT-200-T. All taxpayers must mail the completed form and
related payment, if applicable, to the address indicated on the front of the form when
requesting an extension of time to file their tax return.
To make payments for the above vouchers electronically, refer to the
instructions on page 13.
NOTE: The CBT-100-V and the CBT-200-T forms cannot be used by Partnerships
to make payments or request extensions for the Partnership Return. The PART-100 and
PART-200-T forms must be used in connection with NJ-1065 filings. These forms are
available on the Division’s website at http://www
.state.nj.us/treasury/taxation/
TAX RETURN MAILING ADDRESS
Send the completed tax return to the following address: State of New Jersey,
Division of Taxation, Revenue Processing Center, PO Box 666, Trenton, NJ 08646-0666.
0965432
1
87
A MESSAGE TO THE TAXPAYER
Enclosed are general instructions for the 2013 New Jersey Corporation Business Tax Return, Form CBT-100,
and related forms. As indicated on the top of page 1 of the tax form, this return should be used only for
accounting periods ending on or after July 31, 2013 through June 30, 2014.
Please note: Federal S Corporations that have not elected NJ S Corporation status must complete Schedule
A in full. It is no longer acceptable to submit federal form 1120S in lieu of completing lines 1 through 28.
The following changes are new for the 2013 tax year:
A new tax credit, the Angel Investor Tax Credit, is included on Schedule A-3, Summary of Tax
Credits. General information regarding this tax credit can be found in the instructions.
The final stage of the single sales fraction phase-in is implemented and effective for tax periods
beginning on or after January 1, 2014. Please be sure to use the appropriate Schedule J.
The final version of Schedule J for periods beginning on or after January 1, 2014 created the need to
revise Schedule A-4 as well. Please be sure to use the appropriate Schedule A-4.
The following are changes from the 2012 tax year listed as a reminder:
A new tax credit, the Grow New Jersey Tax Credit, is included on Schedule A-3, Summary of Tax
Credits. General information regarding this tax credit can be found in the instructions.
A third Schedule J has been added as part of the phase in of a single sales factor for periods begin-
ning on or after January 1, 2013. Please be sure to use the appropriate Schedule J.
Please remember that the Annual Report must be filed and paid electronically by all business entities
including but not limited to corporations, limited liability companies, limited liability partnerships, limited
partnerships and non-profit entities. The paper form was eliminated and the Annual Report is no longer
part of the CBT-100 and CBT-100S tax returns. To file and pay electronically, visit the Division of Revenue’s
website at: http://www
.nj.gov/treasury/revenue
The Annual Report, which is statutorily mandated filing, contains vital public information and is required to be
filed annually. Filing the Annual report electronically, improves the timeliness and accuracy of the information
presented to the legal and financial community about your business in such formats as status reports and
standing certificates.
Also, the Division continues to gather information from the Corporation Business Tax Returns in order to
provide statistics to the Study Commission created by the Business Tax Reform Act, P.L. 2002, Chapter 40.
All taxpayers are requested to complete the schedules on the state forms rather than attaching separate
schedules.
If additional information is needed to complete this return, please contact the Division of Taxation’s Customer
Service Center at (609) 292-6400 or write to the Division of Taxation, Technical Information Branch, PO Box
281, Trenton, NJ 08695-0281.
Michael J. Bryan
Director
NJ Division of Taxation
CBT100 - TABLE OF CONTENTS
Subject / Instruction Number Page
Accounting Method 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Accounting Periods 3(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Allocation 32, 33, 34 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6, 7
Alternative Minimum Assessment 23 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Amended Returns 49 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Average Values 33 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Consolidated Returns 8(a), 16(a)(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2, 4
Credit for Installment Payments 46(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11
Deduction for Foreign Taxes Deemed Paid 16(h) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Depreciation and Safe Harbor Leasing 43 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
DISC’s 8(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Dividend Exclusion 16(j), 42 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4, 8
Due Dates 3(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Electronic Funds Transfers 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Estimated Tax Installment Payments 45, 46(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Extension of Time to File Return 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Federal Adjustments to Income 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3
Filing Qualifications and Requirements 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
FSC’s 8(d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Financial Business Corporation 8(e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3
Inactive Corporations 2, 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1, 6
Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Installment Payment 4(b), 7(d), 45 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2, 11
Interest 47 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Interest and Intangible Expenses and Costs 28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Investment Companies 11(b), 35 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3, 7
Minimum Tax 11(d), 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3, 4
New Corporations 3(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Net Operating Loss 16(i), 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Nexus - Immune Activity Declaration 37 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Nonoperational Activity 38 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Optional Copies of Schedules 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6
Overpayment Credit 46(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Partnership Investments 40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Partnership Payment 46(e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Payment of Tax 4(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Penalties 7(e), 47 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2, 11
Personal Liability of Officers and Directors in Dissolution or Liquidation 6 . . . . . . . . . . . . . . . . . . 2
Professional Corporations 41 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Real Estate Investment Trusts 11(b), 36 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3, 8
Regulated Investment Companies 11(c), 36 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3, 8
Riders 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
S Corporations 8(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Signature 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Subsidiary Investments 39 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Summary Schedule 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Tax Credits 19, 44 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4, 9
Tax Rates 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Taxes 29 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Tentative Payment Credit 46(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Underpayment of Estimated Tax 47 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
S
X
X
X
X
X
CLASS OF TAXPAYER
1. Non-Allocating
2. Allocating
3. Investment Comp
any
4. Regulated Investment Company
5. Real Estate Investment Trust
6. Professional Corporation
R
X
X
X
X
X
Q
X
X
X
X
P-1
X
X
X
X
X
PC
X
X
X
X
X
X
L
X
X
M
X
X
X
P
X
X
X
X
J
X
X
I
X
X
X
A-3
X
X
X
X
X
A-4
X
X
X
X
X
X
A-2
X
X
X
X
X
A
X
X
X
X
X
E
X
X
X
X
X
F
X
X
X
X
X
G
X
X
X
X
X
H
X
X
X
X
X
C-1
X
X
X
X
X
C
X
X
X
X
X
B
X
X
X
X
X
A-5
X
X
X
X
X
X
A-GR
X
X
X
X
X
X
AM
X
X
X
X
SCHEDULES
CBT-100
STATE OF NEW JERSEY
DIVISION OF TAXATION CORPORATION TAX
INSTRUCTIONS FOR CORPORATION BUSINESS TAX RETURN
(Form CBT-100 - 2013)
SCHEDULE CHART
TAXPAYER MUST COMPLETE SCHEDULES INDICATED BY “X” FOR ITS RESPECTIVE CLASS
NOTE: If applicable, Schedule G-2, Schedule N and Schedule O are available from the Division’s Web site or Taxpayer Forms Service. Refer to
the index on page 14.
1. COMPLETING AND MAILING RETURNS:
Please read all instructions carefully before completing
returns.
(a) Statutory references are to the New Jersey Statutes Annotated
and indicate, unless otherwise designated, the section of the
Corporation Business Tax Act, as amended and supplemented,
on which the instruction is based. To obtain additional informa-
tion or tax forms, follow the instructions on page 14.
(b) Print or type the Federal Employer Identification Number, New
Jersey Corporation Number, Corporation Name and complete
address and zip code in the space provided on the return.
(c) Provide the remaining information requested on the top portion of
the return. The principal business activity code should be taken
from the taxpayer’s Federal tax return. Be sure to provide the
location of the corporate books as well as a contact person and
telephone number.
(d) Send the completed return to: State of New Jersey, Division of
Taxation, Revenue Processing Center, PO Box 666, Trenton, NJ
08646-0666.
2. (a) Unless the corporation is inactive for the entire period covered by
the return, all schedules and questions must be answered unless
permission to omit or substitute is indicated on the return form.
All applicable schedules must be submitted on the official New
Jersey tax form. If the answer to any item is “No” or “None”, write
“No” or “None”. Do not merely leave the item blank.
(b) Inactive corporations that, during the period covered by the
return, did not conduct any business, did not have any income,
receipts or expenses, and did not own any assets, need only sub-
mit pages 1 through 4 (1 through 6 if software generated) of the
return along with Schedule I, Certification of Inactivity. Payment
for the related minimum tax liability and the installment payment
(if applicable) must be submitted with Form CBT-100-V. Refer to
instruction 30.
3. (a) 2013 ACCOUNTING PERIODS AND DUE DATES: The 2013
Corporation Business Tax Return should only be used for
accounting periods ending on and after July 31, 2013 through
June 30, 2014. The due dates for all 2013 Corporation
Business Tax Returns and payments are reported on the fol-
lowing schedule. If the due date falls on a weekend or a legal
holiday, the return and payment are due on the following busi-
ness day.
Calendar or fiscal accounting year is the same accounting period
upon which the taxpayer is required to report to the United States
Treasury Department for Federal Income Tax purposes. Please note
the ending month of the accounting period for Federal returns and
New Jersey returns must match, however, the tax return year for the
Federal and State returns may differ. (i.e. A taxable year ending
8/31/13 may be filed on a 2012 Federal 1120; the same taxable year
must be filed on a 2013 NJ CBT-100.) All accounting periods must
end on the last day of the month, except that taxpayers may use the
same 52-53 week accounting year that is used for Federal Income
Tax purposes, see N.J.A.C. 18:7-2.3.
Do not alter the year appearing in the upper left hand corner of the
taxable year caption on page 1 of the CBT-100. Changing the above
information will delay the processing of your return. If returns are
required for a different year, please refer to the index on page 14 of
this booklet.
- 1 -
www.state.nj.us/treasury/taxation/
If accounting July 31, Aug 31, Sept 30, Oct. 31, Nov. 30, Dec. 31,
period ends on: 2013 2013 2013 2013 2013 2013
Due date for Nov. 15, Dec. 15, Jan. 15, Feb. 15, Mar. 15,
Apr. 15,
filing is: 2013 2013 2014 2014 2014 2014
If accounting Jan. 31, Feb. 28, Mar. 31, Apr. 30, May 31, June 30,
period ends on 2014 2014 2014 2014 2014 2014
Due date for May 15, June 15 July 15, Aug. 15, Sept. 15, Oct. 15,
filing is: 2014 2014 2014 2014 2014 2014
(b) NEW CORPORATIONS:
(1) Every New Jersey corporation acquires a taxable status
beginning 1) on the date of its incorporation, or 2) on the first
day of the month following its incorporation if so stated in its
certificate of incorporation. Every corporation which incorpo-
rates, qualifies or otherwise acquires a taxable status in New
Jersey must file a Corporation Business Tax Return. A tax
return must be filed for each fiscal period, or part thereof,
beginning on the date the corporation acquired a taxable sta-
tus in New Jersey regardless of whether it had any assets or
conducted any business activities. No return may cover a
period exceeding twelve (12) months, even by a day.
(2) Every corporation that elects to be a New Jersey S
Corporation must file a “New Jersey S Corporation or New
Jersey QSSS Election” (Form CBT-2553) within one calendar
month subsequent to the Federal S Corporation filing require-
ment.
(3) Every corporation which incorporates, qualifies or otherwise
acquires a taxable status in New Jersey and which has
adopted a fiscal year other than December 31, shall advise
the Division of Taxation promptly of the date of such account-
ing period. If no such advice is received on or before April 15,
2014, the taxpayer will be deemed “delinquent” if no return is
filed on or before April 15, 2014.
(c) TRANSACTING BUSINESS WITHOUT A CERTIFICATE OF
AUTHORITY: In addition to any other liabilities imposed by law,
a foreign corporation which transacts business in this State with-
out a certificate of authority shall forfeit to the State a penalty of
not less than $200.00, nor more than $1,000.00 for each calen-
dar year, not more than 5 years prior thereto, in which it shall
have transacted business in this State without a certificate of
authority. N.J.S.A. 14A:13-11(3).
4. (a) PAYMENT OF TAX: Make remittance payable to “State of New
Jersey - CBT” and forward with the payment voucher, Form
CBT-100-V. MAKE OUT A SEPARATE REMITTANCE FOR
EACH TAX RETURN (CBT-100) OR ESTIMATED PAYMENT
VOUCHER (CBT-150) SUBMITTED. Do not remit the tax for two
or more returns in one check. Indicate the taxpayer’s Federal
Employer Identification Number on each remittance.
(b) All corporations are required to make installment payments of
estimated tax. Generally, these payments are remitted with the
form CBT-150. Refer to instruction 45 for further information. If
tax liability is $500, refer to 7(d).
(c) To make payments electronically, refer to the instructions on
page 12.
5. ELECTRONIC FUNDS TRANSFERS: The Division of Revenue has
established procedures to allow the remittance of tax payments
through Electronic Funds Transfer (EFT). Taxpayers with a prior
year’s liability of $10,000 or more in any one tax are required to remit
all tax payments using EFT. If you have any questions concerning
the EFT program, call (609) 984-9830, fax (609) 292-1777 or write to
NJ Division of Revenue, EFT Section, PO Box 191, Trenton, NJ
08646-0191.
6. PERSONAL LIABILITY OF OFFICERS AND DIRECTORS: Any
officer or director of any corporation who shall distribute or cause to
be distributed any assets in dissolution or liquidation to the stock-
holders without having first paid all corporation franchise taxes, fees,
penalties and interest imposed upon said corporation, in accordance
with N.J.S.A. 14A:6-12, N.J.S.A. 54:50-18 and other applicable pro-
visions of law, shall be personally liable for said unpaid taxes, fees,
penalties and interest. Compliance with N.J.S.A. 54:50-13 is also
required in the case of certain mergers, consolidations and dissolu-
tions.
7. EXTENSION OF TIME TO FILE RETURN/INSTRUCTIONS FOR
FORM CBT-200-T:
(a) AUTOMATIC EXTENSION: Where a tentative return, Form CBT-
200-T, and tax payment are timely and properly filed, it is the pol-
icy of the Division of Taxation to grant an extension of no more
than six (6) months for filing the CBT-100.
The return must include the computation of tax liabilities on lines
1 and 2 and, if applicable, the Key Corporation AMA payment on
line 3, and the Tentative Professional Fees on lines 5 and 6.
Submit the completed CBT-200-T with payment of the total
amount due as reflected on line 8. The tentative return must be
postmarked on or before the original due date of the tax return.
(b) Where a request for extension is duly made, it will be granted by
the Division. Approved extensions will not be confirmed in writ-
ing.
(c) MINIMUM TAX: see instruction 11(d).
(d) INSTALLMENT PAYMENT: Any taxpayer with a tax liability of
$500 on line 1, may make a payment of 50% of line 1 in lieu of
making the installment payments otherwise required. Taxpayers
that report a tax liability greater than $500 on line 1 should not
make an entry on line 2 and are required to make installment pay-
ments of estimated tax indicated in instruction 45. Any taxpayer
with Professional Corporation Fee liabilities at line 5 must report
and remit an installment payment of 50% of line 5.
(e) PENALTIES AND INTEREST
(1) Interest - The annual interest rate is 3% above the average
predominant prime rate. Interest is imposed each month or
fraction thereof on the unpaid balance of tax from the original
due date to the date of payment. At the end of each calendar
year, any tax, penalties and interest remaining due will
become part of the balance on which interest will be charged.
The interest rates assessed by the Division of Taxation are
published in the quarterly issues of the New Jersey State Tax
News. See “Tax Forms and Information” on page 13 for infor-
mation on obtaining copies of the newsletter.
NOTE: The average predominant prime rate is the rate as
determined by the Board of Governors of the Federal Reserve
System, quoted by commercial banks to large businesses on
December 1st of the calendar year immediately preceding the
calendar year in which payment was due or as redetermined
by the Director in accordance with N.J.S.A. 54:48-2.
(2) Insufficiency Penalty - If the amount paid with the Tentative
Return, Form CBT-200-T, is less than 90% of the tax liability
computed on Form CBT-100, or in the case of a taxpayer
whose preceding return covered a full 12 month period, is less
than the amount of the tax computed at the rates applicable to
the current accounting year but on the basis of the facts
shown and the law applicable to the preceding accounting
year, the taxpayer may be liable for a penalty of 5% per month
or fraction thereof not to exceed 25% of the amount of under-
payment from the original due date to the date of actual pay-
ment.
8. (a) CONSOLIDATED RETURNS NOT PERMITTED:
A corporation which is included in a consolidated Federal Income
Tax Return must complete all schedules on its own separate
basis and attach a copy of the Affiliations Schedule, Form 851,
which it filed with Form 1120 for Federal Income Tax purposes.
(b) FEDERAL S CORPORATIONS: Federal S Corporations which
have not elected and been authorized to be New Jersey S
Corporations must complete this return as though no election had
been made under Section 1362 of the Internal Revenue Code. A
copy of form 1120S as filed must be submitted. Lines 1 through
28 on Schedule A of the CBT-100 must be completed. New
Jersey S Corporations must file the New Jersey S Corporation
Business Tax Return, Form CBT-100S.
(c) DOMESTIC INTERNATIONAL SALES CORPORATIONS
(DISC’s): A Domestic International Sales Corporation must com-
plete this return as though no election had been made under
Sections 992-999 of the Internal Revenue Code. A DISC must
complete all applicable schedules on the return.
(d) FOREIGN SALES CORPORATIONS (FSC’s): A foreign sales
corporation must complete this return as though no election had
been made under Sections 922-927 of the Internal Revenue
Code. An FSC must complete all applicable schedules on the
return. Under Section 5, P.L. 106-519, no corporation may elect
to be an FSC after September 30, 2000.
- 2 -
www.state.nj.us/treasury/taxation/
(e) FINANCIAL BUSINESS CORPORATIONS: Corporations which
qualify as financial businesses, those which derive 75% of their
gross income from the financial activities enumerated at N.J.A.C.
18:7-1.16(a)1 through (a)7, must file the New Jersey Corporation
Business Tax Return for Banking and Financial Business, Form
BFC-1. This form and related information may be obtained from
the Division of Taxation, Special Audit Section, PO Box 271,
Trenton, NJ 08695-0271 or by calling (609) 292-5301.
9. ACCOUNTING METHOD: The return must be completed using the
same method of accounting, cash, accrual or other, that was
employed in the taxpayer’s Federal Income Tax Return.
10. RIDERS: Where space is insufficient, attach riders in the same form
as the original printed sheets. Write on only one side of each sheet.
11. TAX RATES:
(a) For taxpayers with Entire Net Income (Page 1, lines 1 and 4(b))
greater than $100,000, the tax rate is 9% (.09) on adjusted entire
net income or such portion thereof as may be allocable to New
Jersey.
For taxpayers with Entire Net Income (Page 1, lines 1 and 4(b))
greater than $50,000 and less than or equal to $100,000, the tax
rate is 7.5% (.075) on adjusted entire net income or such portion
thereof as may be allocable to New Jersey. Tax periods of less
than 12 months qualify for the 7.5% rate if the prorated entire net
income does not exceed $8,333 per month.
For taxpayers with Entire Net Income (page 1, lines 1 and 4(b))
of $50,000 or less, the tax rate is 6.5% (.065) on adjusted net
income or such portion thereof as may be allocable to New
Jersey. Tax periods of less than 12 months qualify for the 6.5%
rate if the prorated entire net income does not exceed $4,166 per
month.
(b) INVESTMENT COMPANIES AND REAL ESTATE INVESTMENT
TRUSTS: The tax payable by Investment Companies and Real
Estate Investment Trusts shall be computed at the rates stated in
(a) above. The minimum tax is computed in accordance with (d)
below.
(c) REGULATED INVESTMENT COMPANY: The tax payable by a
qualified Regulated Investment Company is computed in
accordance with (d) below.
(d) MINIMUM TAX:
The minimum tax is assessed based on the
New Jersey Gross Receipts as follows:
New Jersey Gross Receipts Minimum Tax
Less than $100,000 $500
$100,000 or more but less than $250,000 $750
$250,000 or more but less than $500,000 $1,000
$500,000 or more but less than $1,000,000 $1,500
$1,000,000 or more $2,000
provided
however that for a taxpayer that is a member of an affil-
iated or controlled group (as per sections 1504 or 1563 of the
Internal Revenue Code of 1986) which has a total payroll of
$5,000,000 or more for the return period, the minimum tax shall
be $2,000. Tax periods of less than 12 months are subject to the
higher minimum tax if the prorated total payroll exceeds $416,667
per month. Total payroll refers to the total payroll of the affiliated
group rather than total New Jersey payroll of a single corporation.
Taxpayers that are members of an affiliated or controlled group
must submit a schedule of payroll per member and a copy of the
taxpayer’s federal affiliations schedule, Form 851, with the return.
Refer to Schedule A-GR for the determination of New Jersey
gross receipts.
The minimum tax cannot be prorated. Zero (0) returns are
not permitted.
12. WHO MAY BE SUBJECT TO TAX: Any domestic or foreign corpo-
ration, joint-stock company or association and any business con-
ducted by a trustee or trustees wherein interest or ownership is evi-
denced by a certificate of interest or ownership or similar written
instrument is subject to tax. This includes limited partnership asso-
ciations organized pursuant to N.J.S.A. 42:3-1 et seq. and foreign
limited partnership associations. No new limited partnership associ-
ations shall be formed in New Jersey after September 21, 1988.
In general, limited liability companies are required to file for New
Jersey purposes in the same manner that they report for Federal
purposes.
13. CORPORATIONS REQUIRED TO FILE THIS RETURN:
(a) In general, every corporation existing under the laws of the State
of New Jersey; and
(b) Every foreign corporation which (1) holds a general certificate of
authority to do business in this State issued by the Secretary of
State; or (2) holds a certificate, license or other authorization
issued by any other department or agency of this State, authoriz-
ing the company to engage in corporate activity within this State;
or (3) derives income from this State; or (4) employs or owns cap-
ital within this State; or (5) employs or owns property in this State;
or (6) maintains an office in this State, is required to file a return.
A foreign corporation that is a partner of a New Jersey partner-
ship is deemed subject to tax in the state and must file a return.
(c) Foreign corporations that meet the filing requirements and whose
income is immune from tax pursuant to Public Law 86-272, 15
U.S.C. § 381 et seq., must obtain and complete Schedule N,
Nexus - Immune Activity Declaration, and all of the schedules
from the CBT-100. Remit the alternative minimum tax or at least
the minimum tax with the CBT-100. Refer to instruction 37.
(d) Corporations that are “out of business” but have not dissolved or
withdrawn their authority to do business in New Jersey, are still
obligated to file a return. A dissolution or withdrawal date must be
established on or before the last day of the current taxable
period in order to avoid having to file a return for the next taxable
period.
14. SIGNATURE: Each return must be signed by an officer of the cor-
poration who is authorized to attest to the truth of the statements con-
tained therein. The fact that an individual’s name is signed on the
return shall be prima facie evidence that such individual is authorized
to sign the return on behalf of the corporation. Tax preparers who fail
to sign the return or provide their assigned tax identification number
shall be liable for a $25.00 penalty for each such failure. If the tax
preparer is not self-employed, the name of the tax preparer’s employ-
er and the employer’s tax identification number should also be pro-
vided. In the case of a corporation in liquidation or in the hands of a
receiver or trustee, certification shall be made by the person respon-
sible for the conduct of the affairs of such corporation.
15. FINAL DETERMINATION OF NET INCOME BY FEDERAL GOV-
ERNMENT: Any change or correction made by the Internal Revenue
Service to the Federal taxable income must be reported to the
Division within ninety (90) days. To amend CBT-100 returns, use the
CBT-100 form for the appropriate tax year and write “AMENDED
RETURN” clearly on the front page of the form. Refer to instruction
49 for additional information.
FEDERAL/STATE TAX AGREEMENT: The New Jersey Division of
Taxation and the Internal Revenue Service participate in a
Federal/State program for the mutual exchange of tax information to
verify the accuracy and consistency of information reported on
Federal and New Jersey tax returns.
16. SCHEDULE A - COMPUTATION OF ENTIRE NET INCOME: Every
taxpayer must complete this schedule on the form provided.
Federal S Corporations must also submit a copy of the correspon-
ding Federal Income Tax return. For New Jersey tax purposes, each
such corporation will be taxed on the basis of its entire net income in
the same manner and to the same extent as if no Federal income tax
election were permissible or had been made. Refer to instruction 8.
(a) GENERAL - LINES 1 THROUGH 38:
(1) Where the corporation has filed a Federal Income Tax Return
on its own separate basis, the figures shown at lines 1 to 28
must be the same as lines 1 to 28 on page 1 of the Federal
Income Tax Return, Form 1120.
- 3 -
www.state.nj.us/treasury/taxation/
(2) Where the corporation has not filed a separate Federal
Income Tax Return, or where the figures shown at lines 1 to
28 are not the same as lines 1 to 28 on page 1 of the Federal
Income Tax Return, taxpayer must explain and reconcile the
differences on a rider.
(3) CONSOLIDATED RETURNS NOT PERMITTED: A corpora-
tion which is included in a consolidated Federal Income Tax
Return must complete lines 1 to 38 on its own separate basis
without consolidation with any other corporation. Refer to
instruction 8(a).
(b) Lines 8 and 9: Add a rider or schedules showing the same infor-
mation shown on Federal Form 1120, Schedule D and/or Form
4797. Gains and losses resulting from the disposition of proper-
ty where a section 179 expense deduction was passed through to
S Corp shareholders are not reported on Federal Form 4797, and
should be reported on Schedule A, Line 10. If a sale of shares of
stock or partnership interest resulted in a taxable transfer of a
controlling interest in certain commercial real property under
N.J.S.A. 54:15C-1, please so indicate on a rider.
(c) Line 28: This amount must agree with line 28, page 1, of the tax-
payer’s unconsolidated Federal Form 1120 or the appropriate line
from the Federal Form(s) 1120-IC-DISC, 1120-FSC or 1120-A,
whichever is applicable.
(d) Line 29: Include any interest income that was not taxable for
Federal Income Tax purposes, and was not included in total
income reported on line 28, Schedule A.
(e) Line 30: Enter the total amount of interest deducted on Schedule
A that was paid to related members and reported on Schedule G,
Part I.
(f) Line 31: Enter the total taxes paid or accrued to the United
States, a possession or territory of the United States, a state, a
political subdivision thereof, or the District of Columbia, or to any
foreign country, state, province, territory or subdivisions thereof,
on or measured by profits or income, business presence or busi-
ness activity, including any foreign withholding tax, or any sales
and use tax paid by a utility vendor, taken as a deduction in
Schedule A and reflected in line 28. Refer to instruction 29.
(g) Line 32: Enter the depreciation and other adjustments from
Schedule S. Refer to instruction 43.
(h) Line 33(a): DEDUCTION FOR FOREIGN TAXES DEEMED
PAID: The portion of any IRC Section 78 gross-up included in
dividend income on line 4, Schedule A that is not excluded from
entire net income on line 38, may be treated as deduction. Attach
a copy of Federal Foreign Tax Credit Form 1118.
Line 33(b): Report amounts of (1) adjustments not otherwise
specifically provided for, (2) gross income, less deductions and
expenses in connection therewith, from sources outside the
United States, not included in Federal taxable income, (3) the add
back of any deductions for research and experimental expendi-
tures, to the extent that those research and experimental expen-
ditures are qualified research expenses or basic research pay-
ments for which an amount of credit is claimed pursuant to sec-
tion 1 of P.L.1993,c.175 (C.54:10A-5.24) unless those research
and experimental expenditures are also used to compute a fed-
eral credit claimed pursuant to section 41 of the federal Internal
Revenue Code of 1986, 26 U.S.C. s.41, and (4) Federal Section
199 deduction. Attach separate riders explaining fully such items.
Line 33(c): Enter the net effect of the elimination of nonopera-
tional activity or non-unitary partnership income and expenses
from Schedule O, Part I, line 36.
Line 33(d): Enter the total amount of interest and intangible
expenses and costs deducted on Schedule A that was paid to
related members and reported on Schedule G, Part II.
(i) Line 35: A net operating loss for a taxable year may be carried
forward as a net operating loss deduction to a succeeding year.
A net operating loss is the excess of allowable deductions over
gross income used in computing entire net income. Neither a net
operating loss deduction nor the dividend exclusion is an allow-
able deduction in computing a net operating loss. The statute
authorizes a carryover of the deduction for seven years. For loss-
es occurring for any privilege period ending after June 30, 2009,
the net operating loss carryover shall be twenty years. Schedule
A-1 has been replaced by Form 500. Net operating losses must
be detailed on Form 500, which is available separately. To obtain
this form and related information, refer to the index on page 14.
(j) Line 37: Dividends from all sources must be included in
Schedule A. However, an exclusion from entire net income for
certain dividend income may be taken as indicated in Schedule
R. Taxpayer may not include money market fund income or REIT
dividends as part of the dividend exclusion. The amount of the
dividend exclusion allowed to be taken as a deduction is limited
to the amount of income reported on line 36 of Schedule A for that
tax year.
(k) RIGHT OF DIRECTOR TO CORRECT DISTORTIONS OF NET
INCOME: The Director is authorized to adjust and redetermine
items of gross receipts and expenses as may be necessary to
make a fair and reasonable determination of tax payable under
the Corporation Business Tax Act. For details regarding the con-
ditions under which this authority may be exercised, refer to reg-
ulation N.J.A.C. 18:7-5.10.
17. SCHEDULE A-1 - NET OPERATING LOSS DEDUCTION AND
CARRYOVER: Schedule A-1 has been replaced by Form 500. Net
operating losses must be detailed on Form 500, which is available
separately. To obtain this form and related information, refer to the
index on page 14.
18. SCHEDULE A-2 - COST OF GOODS SOLD: The amounts report-
ed on this schedule must be the same as the amounts reported on
the taxpayer’s Federal income tax return. When calculating the AMA,
corporations must calculate the Cost of Goods Sold per the AMA
instructions.
19. SCHEDULE A-3 - SUMMARY OF TAX CREDITS: This schedule
must be completed if one or more tax credits are claimed for the cur-
rent tax period. The total on line 20 must equal the amount reported
on page 1, line 10. Refer to instruction 44 for tax credit information.
20. SCHEDULE A-4 - SUMMARY SCHEDULE: Every corporation
must complete this schedule. Report the information on each line
of the applicable version of Schedule A-4 from the return schedules
indicated. All lines must be completed.
Non-allocating taxpayers
must enter 1.000000 on the appropriate line(s) for the applicable
version.
21. SCHEDULE A-5 - FEDERAL IRC SECTION 199 ADJUSTMENT:
Effective for privilege periods beginning after December 31, 2004, a
limited IRC Section 199 deduction may be allowed for New Jersey
CBT purposes on a separate entity basis. The Section 199 deduc-
tion which is allowable for New Jersey CBT purposes and entered on
line 2, is computed on Form 501 which is available separately.
To obtain this form, refer to the index on page 14.
22.
SCHEDULE A-GR - COMPUTATION OF NEW JERSEY GROSS
RECEIPTS AND MINIMUM TAX: If the greater of the amounts report-
ed on page 1, lines 11 or 12 is less than $2,000, complete this sched-
ule. Enter the greater of the computed tax liability or the amount on
Schedule A-GR, line 7 on page 1, line 13. If the taxpayer is part of an
affiliated group whose total payroll is $5,000,000 or more, the mini-
mum tax is $2,000 regardless of the amount of the taxpayer’s New
Jersey gross receipts, and Schedule A-GR need not be completed.
23. SCHEDULE AM - ALTERNATIVE MINIMUM ASSESSMENT FOR C
CORPORATIONS: For privilege periods beginning on or after
January 1, 2002, all New Jersey taxpayers, unless otherwise
exempted, are required to pay a New Jersey Corporate Tax comput-
ed pursuant to Section 5 of P.L. 1945, (C.54:10A-5), or the elected
Alternative Minimum Tax, whichever is greater. For returns with priv-
ilege periods beginning after June 30, 2006, there is no AMA, except
for taxpayers claiming P.L. 86-272 immunity. There are two methods
of determining the Alternative Minimum assessment: (a) based upon
New Jersey Gross Receipts, and (b) based upon New Jersey Gross
Profits.
- 4 -
www.state.nj.us/treasury/taxation/
PART I - computes New Jersey gross receipts, which equals the total
of (1) sales of tangible personal property where shipment is made to
points within this state, appropriation to the orders where shipment is
made to points within this state, (2) services performed within the
state, (3) rentals from properties situated, (4) royalties from the use
of patents or copyrights, within the state, and (5) all other business
receipts earned within the state. Investment income received by a
taxpayer through ownership in a foreign or domestic entity is consid-
ered gross receipts for purposes of computing the taxpayer’s alter-
native minimum assessment.
PART II - New Jersey gross receipts from Part I are used in Part II to
compute New Jersey gross profits. This is calculated by subtracting
New Jersey cost of goods sold from total New Jersey gross receipts.
New Jersey cost of goods sold is computed by multiplying the total
cost of goods sold (from Schedule A-2, line 8) by the New Jersey
allocation factor or the receipts fraction of the allocation factor from
Schedule J.
NJ Gross Receipts (from Schedule AM, Part I, line 6)
- NJ Cost of Goods Sold (from Schedule
AM, Part II, line 4)
= New Jersey Gross Profits
PART III - reports the New Jersey Gross Receipts and the New
Jersey Costs of Goods Sold historically for the current year and the
past 3 years.
NOTE: For taxpayers who were not required to file New Jersey CBT
returns for any or all of the three prior privilege periods, enter N/A on
the appropriate line(s).
PART IV - Computing the Alternative Minimum Assessment based
on Gross Profits: Enter amount of New Jersey Gross Profits (from
Part II, line 5) on Schedule AM, Part IV, line 1. If New Jersey Gross
Profits are:
(a) Less than or equal to $1,000,000, the Alternative Minimum
Assessment based on Gross Profits will be zero;
(b) Greater than $1,000,000, but not over $10,000,000, the
Alternative Minimum Assessment will be .0025 times the gross
profits in excess of $1,000,000, multiplied by the AMA exclusion
rate of 1.11111;
(c) Greater than $10,000,000, but not over $15,000,000, the
Alternative Minimum Assessment will be the gross profits multi-
plied by .0035;
(d) Greater than $15,000,000, but not over $25,000,000, the
Alternative Minimum Assessment will be the gross profits multi-
plied by .006;
(e) Greater than $25,000,000, but not over $37,500,000, the
Alternative Minimum Assessment will be the gross profits multi-
plied by .007;
(f) Greater than $37,500,000, the Alternative Minimum Assessment
will be the gross profits multiplied by .008.
PART V - Computing the Alternative Minimum Assessment based on
Gross Receipts: New Jersey gross receipts are used in Schedule
AM, Part V to determine the amount of tax due under the gross
receipts method. This method takes New Jersey gross receipts and
multiplies them by a certain percentage based on the receipt amount.
Enter amount of New Jersey Gross Receipts (from Part I, line 5) on
Schedule AM, Part V, line 1. If New Jersey gross receipts are:
(a) Less than or equal to $2,000,000, the Alternative Minimum
Assessment based on Gross Receipts will be zero;
(b) Greater than $2,000,000, but not over $20,000,000, the
Alternative Minimum Assessment will be .00125 times the gross
receipts in excess of $2,000,000, multiplied by the AMA exclusion
rate of 1.11111;
(c) Greater than $20,000,000, but not over $30,000,000, the
Alternative Minimum Assessment will be the gross receipts multi-
plied by .00175;
(d) Greater than $30,000,000, but not over $50,000,000, the
Alternative Minimum Assessment will be the gross receipts multi-
plied by .003;
(e) Greater than $50,000,000, but not over $75,000,000, the
Alternative Minimum Assessment will be the gross receipts multi-
plied by .0035;
(f) Greater than $75,000,000, the Alternative Minimum Assessment
will be the gross receipts multiplied by .004.
PART VI - For the first privilege period, the taxpayer has the option
to select the computation method of the Alternative Minimum
Assessment, either based on Gross Profits or Gross Receipts.
However, once selected, the method must be employed for that
privilege period, and for the next succeeding four privilege peri-
ods.
The maximum Alternative Minimum Assessment for an individual cor-
poration for a privilege period will be $5,000,000. Taxpayer will enter
the lesser of the elected alternative minimum assessment (from
Schedule AM, Part VI, line 4), or $5,000,000, on Schedule AM, Part
V, line 5. Taxpayer will enter amount from Schedule AM, Part IV, line
5, on Page 1 of CBT-100, line 14.
The amount of tax due for the privilege period will be the greater of
the elected Alternative Minimum Assessment, or the traditional
Corporate tax (computed pursuant to Section 5 of P.L. 1945,
(C.54:10A-5)).
PART VII - Enter the name of the designated Key Corporation of the
affiliated group on line 1 if the group is claiming the AMA threshold
limit of $20,000,000. Enter the Federal Identification Number (FID)
of the appointed Key Corporation on line 2.
24. SCHEDULE B - BALANCE SHEET: Every taxpayer must complete
this schedule. The amounts reported must be the same as the year
end figures shown on the taxpayer’s books. A taxpayer that is includ-
ed in a consolidated Federal income tax return must complete this
schedule on its own separate basis.
25. SCHEDULE C - RECONCILIATION OF INCOME PER BOOKS
WITH INCOME PER RETURN AND SCHEDULE C-1-ANALYSIS
OF UNAPPROPRIATED RETAINED EARNINGS PER BOOKS:
(a) Every corporation must complete these schedules or submit leg-
ible copies of Schedules M-1 and M-2 from their unconsolidated
Federal Form 1120. For requirements relating to reproduction of
Federal tax schedules, see instruction 31.
(b) Line 8 of Schedule M-2 must correspond with the unappropriated
retained earnings reported for the end of the tax year on
Schedule B.
(c) If taxpayer files Federal Schedule M-3, New Jersey Schedule C
must still be filed, and a copy of Federal Schedule M-3 must be
attached to taxpayer’s New Jersey CBT-100 return. If the tax-
payer is part of a consolidated filing, then the Federal Schedule
M-3 must be on a separate entity basis.
26. SCHEDULE E - GENERAL INFORMATION: All taxpayers must
answer all questions on this schedule. In addition, riders must be
submitted where necessary in answering the questions.
27. SCHEDULE F - CORPORATE OFFICERS - GENERAL INFORMA-
TION AND COMPENSATION: All applicable information should be
provided for each corporate officer regardless of whether or not com-
pensation was received.
28. SCHEDULE G - PART I - INTEREST: Interest paid, accrued, or
incurred to related members which was deducted in computing tax-
able net income on line 28 of Schedule A must be reported on
Schedule G, Part I. Enter the total of such interest expense on line
30 of Schedule A. Do not include interest expenses and costs that
were deducted directly or indirectly for, related to, or in connection
with the direct or indirect acquisition, maintenance, management,
ownership, sale, exchange, or disposition of intangible property in
Part I. These expenses and costs are, however, required to be
included in Part II.
SCHEDULE G - PART II - INTEREST EXPENSES AND COSTS
AND INTANGIBLE EXPENSES AND COSTS: Interest expenses
and costs and intangible expenses and costs directly or indirectly
paid, accrued, or incurred to, or in connection directly or indirectly
with one or more direct or indirect transactions with one or more
- 5 -
www.state.nj.us/treasury/taxation/
related members which were deducted in computing taxable net
income on line 28 of Schedule A must be reported on Schedule G,
Part II. Enter the total of such intangible expenses and costs on line
33(d) of Schedule A.
Exceptions: If the taxpayer is claiming an exception to the disal-
lowance of the expense reported in Part I or Part II, then the taxpay-
er must complete and attach Schedule G-2. This schedule may be
obtained from the Division of Taxation’s web site. See index on
page 14.
Definitions:
Related member means a person that, with respect to the taxpayer
during all or any portion of the privilege period is (1) a related entity,
(2) a component member as defined in subsection (b) of section
1563, of the federal Internal Revenue Code of 1986, 26 U.S.C.
s.1563, (3) a person to or from whom there is attribution of stock own-
ership in accordance with subsection (e) of section 1563 of the fed-
eral Internal Revenue Code of 1986, 26 U.S.C. s.1563 or (4) a per-
son that, notwithstanding its form of organization, bears the same
relationship to the taxpayer as a person described in (1) through (3)
of this definition.
Related entity means (1) a stockholder who is an individual or a
member of the stockholder’s family enumerated in section 318 of the
federal Internal Revenue Code of 1986 26 U.S.C. s.318, if the stock-
holder and the member’s of the stockholder’s family own, directly,
indirectly, beneficially or constructively, in the aggregate, at least 50%
of the value of the taxpayer’s outstanding stock; (2) a stockholder, or
a stockholder’s partnership, limited liability company, estate, trust or
corporation, if the stockholder and the stockholder’s partnerships,
limited liability companies, estates, trusts and corporations own
directly, indirectly, beneficially or constructively, in the aggregate, at
least 50% of the value of the taxpayer’s outstanding stock; or (3) a
corporation, or a party related to the corporation in a manner that
would require an attribution of stock from the corporation to the party
or from the party to the corporation under the attribution rules of the
federal Internal Revenue Code of 1986, 26 U.S.C. s.318, if the tax-
payer owns, directly, indirectly, beneficially or constructively, at least
50% of the value of the corporation’s outstanding stock. The attribu-
tion rules of the federal Internal Revenue Code of 1986, 26 U.S.C.
s.318, shall apply for purposes of determining whether the ownership
requirements of this definition have been met.
Intangible expenses and costs includes (1) expenses, losses, and
costs, for, related to, or in connection directly or indirectly with the
direct or indirect acquisition, use, maintenance or management, own-
ership, sale, exchange, or any other disposition of intangible proper-
ty to the extent such amounts are allowed as deductions or costs in
determining taxable income before operating loss deduction and spe-
cial deductions for the taxable year under the federal Internal
Revenue Code of 1986, 26 U.S.C. s.1 et seq., (2) losses related to,
or incurred in connection directly or indirectly with factoring transac-
tions or discounting transactions, (3) royalty, patent, technical and
copyright fees, (4) licensing fees, and (5) other similar expenses and
costs.
Intangible Property means patents, patent applications, trade
names, trademarks, service marks, copyrights, mask works, trade
secrets and similar types of intangible assets.
Intangible Interest Expenses and Costs means amounts directly or
indirectly allowed as deductions under section 163 of the federal
Internal Revenue Code of 1986 26 U.S.C. s.163, for purposes of
determining taxable income under the code to the extent such
expenses and costs are directly or indirectly for, related to, or in con-
nection with the direct or indirect acquisition, maintenance, manage-
ment, ownership, sale, exchange or disposition of intangible
property.
29. SCHEDULE H - TAXES: Itemize all taxes which were in any way
deducted in arriving at taxable net income, whether reflected at line
2 (Cost of goods sold and/or operations), line 17 (Taxes), line 26
(Other deductions) or anywhere else on Schedule A. Also refer to
instruction 16(f).
30. SCHEDULE I - CERTIFICATION OF INACTIVITY: In lieu of com-
pleting the entire tax return, an inactive corporation may complete
this schedule along with pages 1 through 4 of the tax return.
Payment for the related minimum tax and the installment payment (if
applicable) must be submitted with Form CBT-100-V. An inactive
corporation is a corporation that, during the entire period covered by
the tax return, did not conduct any business, did not have any
income, receipts or expenses, and did not own any assets.
31. OPTIONAL COPIES OF SCHEDULES C AND C-1: Any taxpayer
that files an unconsolidated Federal Form 1120 with the Internal
Revenue Service may submit copies of Schedules M-1 and M-2 of
that return in lieu of completing Schedules C and C-1 of the CBT-100.
Such copies or reproductions must be facsimiles of the complete
schedules, they must be of good legibility and on paper of substan-
tially the same weight and texture, and of a quality at least as good
as that used in the official form, CBT-100. They must also be of the
same size as that of the official schedules, both as to the overall
dimensions of the paper and the image reproduced thereon.
Separate pages must be fastened together in proper order and must
be attached to the return form. The taxpayer’s full name and tax
identification number must be typed or printed on each reproduced
page or copy.
32. SCHEDULE J - GENERAL INSTRUCTIONS:
(a) ALLOCATION PERCENTAGES: In computing the allocation
factor in Schedule J, division must be carried to six (6) decimal
places, e.g. 0.123456.
(b) Effective for returns beginning after July 1, 2010, all
corporations are entitled to allocate.
(c) Effective for returns beginning on or after January 1, 2012, the
weighting of the factors will change yearly. All returns with
periods beginning on or after January 1, 2012 will have a 70%
weighted receipts fraction, and 15% weighted property and pay-
roll fractions. All returns for periods beginning on or after January
1, 2013 will have a 90% weighted receipts fraction, and 5%
weighted property and payroll fractions. All returns for periods
beginning on or after January 1, 2014 will have a 100% weighted
receipts fraction only.
(d) Only activities related to operational activity are to be used in
computing the general allocation factors. If the taxpayer has
non-operational activity, refer to Schedule O.
33. SCHEDULE J PART II:
(A) Periods Beginning Prior to January 1, 2014 - AVERAGE
VALUES: Average value is generally computed on a quarterly
basis where the taxpayer’s accounting practice permits such com-
putation. At the option of the taxpayer or the State, a more frequent
basis (monthly, weekly or daily) may be used. Where the taxpay-
er’s accounting practice does not permit computation of average
value on a quarterly or more frequent basis, semi-annual or annual
frequency may be used only where no distortion of average value
results. If any basis other than quarterly is used, state the basis and
reasons for use on attached rider.
The average values of real and tangible personal property owned
which are used in determining the property fraction of the allocation
factor are based on book value. The numerator and denominator
must take into account accumulated depreciation deferred for net
income purposes where the taxpayer accounts for its property on its
books on a Federal income tax basis. Rented or leased property is
valued at eight times its annual rent, including any amounts (such
as taxes) paid or accrued in addition to or in lieu of rent during the
period covered by the return. All other property which is used by the
taxpayer but is neither owned, rented or leased, should be valued at
book value, however, if no such book value exists, the market value
of the property should be used.
(B) Periods Beginning On and After January 1, 2014 - COMPUTA-
TION OF ALLOCATION FACTOR: This Schedule may be omitted
if the taxpayer does not have activity outside of New Jersey.
(i) Line 1(a)-1(d) RECEIPTS FRACTION: Receipts from sales of
tangible personal property are allocated to New Jersey where the
goods are shipped to points within New Jersey. Receipts from the
- 6 -
www.state.nj.us/treasury/taxation/
sale of goods are allocable to New Jersey if shipped to a New
Jersey or a non-New Jersey customer where possession is trans-
ferred in New Jersey. Receipts from the sale of goods shipped to
a taxpayer from outside of New Jersey to a New Jersey customer
by a common carrier are allocable to New Jersey. Receipts from
the sale of goods shipped from outside of New Jersey to a New
Jersey location where the goods are picked up by a common car-
rier and transported to a customer outside of New Jersey are not
allocable to New Jersey. Receipts from the following are alloca-
ble to New Jersey: services performed in New Jersey; rentals
from property situated in New Jersey; royalties from the use in
New Jersey of patents or copyrights; all other business receipts
earned in New Jersey.
(ii) Line 1(e) and 1(g)
(a) RECEIPTS FROM SALES OF CAPITAL ASSETS: Receipts
from sales of capital assets (property not held by the taxpayer for
sale to customers in the regular course of business), either with-
in or outside New Jersey, should be included in the numerator
and the denominator based upon the net gain recognized and not
upon gross selling prices. Where the taxpayer’s business is the
buying and selling of real estate or the buying and selling of secu-
rities for trading purposes, gross receipts from the sale of such
assets should be included in the numerator and the denominator
of the receipts fraction.
(b) DIVIDEND INCOME: The amount of dividends excluded from
entire net income at line 37, Schedule A, must not be included in
the numerator or denominator of the receipts fraction.
(iii) Line 1(h) - For periods beginning on and after January 1, 2014,
the allocation factor is now computed as a single sales fraction,
line 1(f) (New Jersey based receipts) divided by line 1(g) (Total
Receipts everywhere).
34. SCHEDULE J PART III - COMPUTATION OF ALLOCATION FAC-
TOR (Periods beginning prior to January 1, 2014): This schedule
may be omitted if the taxpayer does not have activity outside New
Jersey.
(a) Line 1 - PROPERTY FRACTION: For general information
regarding method of valuation in arriving at average values, see
instruction 33. Tangible personal property is within New Jersey if
and so long as it is physically situated or located here. Property
of the taxpayer held in New Jersey by an agent, consignee or
factor is (and property held outside New Jersey by an agent, con-
signee or factor is not) situated or located within New Jersey.
Property, while in transit from a point outside New Jersey to a
point in New Jersey or vice versa does not have a fixed situs
either within or outside the State and, therefore, will not be
deemed to be “situated” or “located” either within or outside New
Jersey and accordingly the average value of such property
should be omitted from both the numerator and the denominator
of the property fraction. Ships, aircraft, and/or satellites used in
the communications industry, and other mobile or movable prop-
erty are subject to the specific rules defined in N.J.A.C. 18:7-8.4.
(b) Line 2(a) - 2(d) - RECEIPTS FRACTION: Receipts from sales of
tangible personal property are allocated to New Jersey where the
goods are shipped to points within New Jersey.
Receipts from the sale of goods are allocable to New Jersey if
shipped to a New Jersey or a non-New Jersey customer where
possession is transferred in New Jersey. Receipts from the sale
of goods shipped to a taxpayer from outside of New Jersey to a
New Jersey customer by a common carrier are allocable to New
Jersey. Receipts from the sale of goods shipped from outside of
New Jersey to a New Jersey location where the goods are picked
up by a common carrier and transported to a customer outside of
New Jersey are not allocable to New Jersey.
Receipts from the following are allocable to New Jersey: servic-
es performed in New Jersey; rentals from property situated in
New Jersey; royalties from the use in New Jersey of patents or
copyrights; all other business receipts earned in New Jersey.
(c) Lines 2(e) and 2(g)
(1) RECEIPTS FROM SALES OF CAPITAL ASSETS: Receipts
from sales of capital assets (property not held by the taxpayer
for sale to customers in the regular course of business), either
within or outside New Jersey, should be included in the
numerator and the denominator based upon the net gain rec-
ognized and not upon gross selling prices. Where the tax-
payer’s business is the buying and selling of real estate or the
buying and selling of securities for trading purposes, gross
receipts from the sale of such assets should be included in the
numerator and the denominator of the receipts fraction.
(2) DIVIDEND INCOME: The amount of dividends excluded from
entire net income at line 37, Schedule A, must not be includ-
ed in the numerator or denominator of the receipts fraction.
(d) Lines 2(h) and 2(i) - For privilege periods beginning prior to
January 1, 2012, the percentage of receipts in New Jersey should
be entered on both lines 2(h) and 2(i) to effect a double-weighted
receipts fraction in the computation of the allocation factor. For
privilege periods beginning on or after January 1, 2012, multiply
the amount on line 2(h) by seven (7) to effect the 70% weighting.
For privilege periods beginning on or after January 1, 2013, mul-
tiply the amount on line 2(h) by nine (9) to effect the 90% weight-
ing in the computation of the allocation factor.
(e) Line 3 - PAYROLL FRACTION: In general, a taxpayer reporting
to the Division of Employer Accounts in the New Jersey
Department of Labor and Workforce Development will allocate to
New Jersey all wages, salaries and other personal service com-
pensation, etc., reportable to that Division, including the portions
thereof, in individual cases, in excess of taxable wages. All exec-
utive salaries are includible in both the numerator and denomina-
tor. See N.J.S.A. 54:10A-7 for the definition of wages, salaries
and other personal services compensation allocable to New
Jersey.
(f) ALLOCATION FACTOR - GENERAL: The allocation factor is
computed by adding together the percentages shown at lines
1(c), 2(h), 2(i) and 3(c) of Schedule J, Part III for period beginning
prior to January 1, 2012 and dividing the total of the percentages
by four (4). However, if the property or payroll fraction is missing,
the remaining percentages are added and the sum is divided by
three. If the receipts fraction is missing, the other two percent-
ages are added and the sum is divided by two. If two of the frac-
tions are missing, the remaining percentage may be used as the
allocation factor. For periods beginning on or after January 1,
2012, the allocation factor is computed by adding together the
percentages shown at lines 1(d), 2(i), and 3(d) of Schedule J, Part
III, and dividing by ten (10). A fraction is not missing merely
because its numerator is zero, but is missing if its denominator is
zero. If one of the fractions is missing, the other two percentages
are added together and divided by the sum of the remaining
weights. Example A: Periods beginning on or after January 1,
2012 and before January 1, 2013, if the property or payroll frac-
tion is missing, the remaining percentages are added together
and divided by eight and a half (8.5=1.5+7); if the receipts fraction
is missing, the remaining percentages are added together and
divided by three (3=1.5+1.5). Example B: Periods beginning on
or after January 1, 2013 and before January 1, 2014, if the prop-
erty or payroll fraction is missing, the remaining percentages are
added together and divided by nine and a half (9.5=0.5+9); if the
receipts fraction is missing, the remaining percentages are added
together and divided by one (1=0.5+0.5). If two of the fractions
are missing, the remaining percentage will serve as the allocation
factor without being weighted.
If there is a declaration of nonoperational income, expenses, or
assets from Schedule O, those items attributable to the non-oper-
ational activity should be excluded from the denominator of all
three fractions of the allocation factor.
35. SCHEDULE L - INVESTMENT COMPANIES:
(a) Every taxpayer electing to report as an Investment Company
must meet the qualifications contained in this schedule. See
instruction 36 and Schedule M for Regulated Investment
Companies.
- 7 -
www.state.nj.us/treasury/taxation/
(b) ELECTION TO REPORT AS AN INVESTMENT COMPANY: The
election is effective only for the particular year covered by the
return.
36. SCHEDULE M - REGULATED INVESTMENT COMPANIES - REAL
ESTATE INVESTMENT TRUSTS - GENERAL INFORMATION: This
schedule must be completed by every taxpayer electing to report as
a Regulated Investment Company or a Real Estate Investment Trust.
The election is effective only for the particular year covered by the
return.
NOTE: A Regulated Investment Company need only complete
Schedule M, pages 1 through 4 of the CBT-100, and Schedule A-
GR (if applicable) on page 5 of the CBT-100 return.
37. SCHEDULE N - NEXUS - IMMUNE ACTIVITY DECLARATION:
Foreign corporations that claim their income is immune from taxation
pursuant to Public Law 86-272, 15 U.S.C. §381 et seq., must com-
plete Schedule N and file it with the CBT-100. This schedule may be
obtained from the Division of Taxation’s web site.
38. SCHEDULE O - NONOPERATIONAL ACTIVITY: Corporations that
claim to have nonoperational activity, nonoperational assets or non-
unitary partnership investments must complete Schedule O and file it
with the CBT-100. This schedule may be obtained from the Division
of Taxation’s web site.
39. SCHEDULE P - SUBSIDIARY INVESTMENT ANALYSIS: Itemize
the investment in each subsidiary company, showing the name of
each subsidiary, the percentage of interest held in each company, the
individual book value included in the balance sheet for each sub-
sidiary investment and the amount of dividends received from each
subsidiary which is included in gross income on Schedule A. Do not
include advances or other receivables due to subsidiaries in the book
value reported at Column 3.
40. SCHEDULE P-1 - PARTNERSHIP INVESTMENT ANALYSIS:
Itemize the investment in each partnership, limited liability company
and any other entity which is treated for Federal tax purposes as a
partnership. List the name, the Federal Identification Number, and
the date and state where organized for each partnership. Also, check
the type of ownership (general or limited), the tax accounting method
used to reflect your share of partnership activity on this return (flow
through method or separate accounting) and whether or not the part-
nership has nexus in New Jersey. Itemize in Column 7 the amount
of tax payments made on behalf of the taxpayer by partnership enti-
ties. Carry the total amount of taxes paid on behalf of taxpayer to
page 1, line 19(a). Attach a copy of schedule NJ-K-1 from form NJ-
1065 if the partnership is filing in New Jersey. Any one member lim-
ited liability company should be included on this schedule.
Corporations who claim that their partnership investments are non-
unitary and therefore are utilizing the Separate Tax Accounting
Method must complete Schedule O to report this activity and com-
pute the appropriate amount of tax.
41. SCHEDULE PC - PER CAPITA LICENSED PROFESSIONAL FEE:
(a) Professional Corporations (PC) formed under N.J.S.A. 14A:17-1
et. seq. or any similar laws of a possession or territory of the US,
a state, or political subdivision thereof, are liable for a fee on
Licensed Professionals.
(b) Per N.J.S.A. 14A:17-3, examples of licensed professionals are:
certified public accountants, architects, optometrists, professional
engineers, land surveyors, land planners, chiropractors, physical
therapists, registered professional nurses, dentist, osteopaths,
physicians and surgeons, doctors of medicine, doctors of den-
tistry, podiatrists, chiropodists, veterinarians and, subject to the
Rules of the Supreme Court, attorneys at law.
(c) The fee is assessed provided there are more than two profes-
sionals in the PC. The fee is assessed on professionals that are
owners, shareholders, and/or employees of the Professional
Corporation. The number of professionals should be calculated
using a quarterly average. The fee for each resident and non-res-
ident professional with physical nexus with New Jersey is $150.
The fee for each non-resident professional without physical
nexus with New Jersey is $150 multiplied by the allocation factor
of the corporation. The fee is limited to $250,000 per year.
(d) In the event of a period shorter than a year, the fee and limit may
be prorated by months. A fraction of a month is deemed to be a
month.
(e) Line 2 - Installment Payment: A fifty percent (50%) prepayment
towards the subsequent year’s fee is required with the current
year’s return.
(f) Line 6 - Credit: Amount to be credited towards next year’s fee.
This fee is not eligible for refund.
42. SCHEDULE R - DIVIDEND EXCLUSION: Taxpayers may exclude
from entire net income 100% of dividends from qualified subsidiaries,
if such dividends were included in the taxpayer’s gross income on
Schedule A. A qualified subsidiary is defined as ownership by the
taxpayer of at least 80% of the total combined voting power of all
classes of stock entitled to vote and at least 80% of the total number
of shares of all other classes of stock, except non-voting stock which
is limited and preferred as to dividends. With respect to other divi-
dends, the exclusion shall be limited to 50% of such dividends includ-
ed in the taxpayer’s gross income on Schedule A, provided the tax-
payer owns at least 50% of voting stock and 50% of the total number
of shares of all other classes of stock. Taxpayers shall not include
money market fund or REIT income as part of the dividend exclusion.
Refer to instruction 16(j).
43. SCHEDULE S - DEPRECIATION AND SAFE HARBOR LEASING:
All taxpayers except for gas, electric and gas and electric utilities
(who must complete Schedule S, Part III), must complete this sched-
ule and must submit a copy of a completed Federal Depreciation
Schedule, Form 4562 even if it is not required for Federal purposes.
Schedule S provides for adjustments to depreciation and certain safe
harbor leasing transactions.
SCHEDULE S - PART I
Line 11 Additions:
(a) Add any depreciation or cost recovery (ACRS and MACRS)
which was deducted in arriving at federal taxable income on
recovery property placed in service on or after January 1, 1981
and prior to taxpayers’ accounting periods beginning on and after
July 7, 1993.
(b) Add any 30% or 50% bonus depreciation amounts and federal
depreciation calculations which were deducted in arriving at
Federal taxable income on recovery property placed in service
during accounting periods beginning on and after January 1,
2002, for which federal 30% or 50% bonus depreciation was
taken. Include the initial 30% or 50% bonus amount and the reg-
ular depreciation on the adjusted basis.
(c) Add distributive share of ACRS and MACRS from a partnership.
(d) Add any interest, amortization or transactional costs, rent, or any
other deduction which was claimed in arriving at Federal taxable
income as a result of a “safe harbor leasing” election made under
Section 168(f)(8) of the Federal Internal Revenue Code; provid-
ed, however, any such amount with respect to a qualified mass
commuting vehicle pursuant to the Federal Internal Revenue
Code Section 168(f)(8)(D)(v) need not be added back to net
income.
(e) The $100,000 bonus section 179 deduction is partially disal-
lowed. Section 179 deduction is limited to a maximum of $25,000
which was the maximum allowance for tax years after 2002 per
the Internal Revenue Code before the bonus deduction was
enacted. Enter on line 11(e) the difference between the federal
expense and the expense allowable for New Jersey purposes.
Line 12 Deductions:
(a) Deduct depreciation on property placed in service after 1980 and
prior to taxpayers’ fiscal or calendar accounting periods beginning
on and after July 7, 1993, on which ACRS and MACRS has been
disallowed under 10(a) of this instruction using any method, life
and salvage value which would have been allowable under the
Federal Internal Revenue Code at December 31, 1980, but using
the Federal basis for depreciation on the date the property was
- 8 -
www.state.nj.us/treasury/taxation/
placed in service. Refer to Schedule S, Part II (A).
(b) Deduct recomputed depreciation for assets placed in service
during accounting periods beginning on and after January 1,
2002, and for which federal 30% or 50% bonus depreciation
was taken under 11(b) of this instruction using the same method
and life which would have been allowable for Federal purposes,
but using the Federal basis for depreciation on the date the
property was placed in service and not as provided after taking
the 30% or 50% first-year depreciation allowance. Refer to
Schedule S, Part II (B).
(c) Deduct recomputed depreciation attributable to distributive share
of recovery property from a partnership.
(d) Deduct any item of income included in arriving at Federal taxable
income solely as a result of a “safe harbor leasing” election made
under Section 168(f)(8) of the Federal Internal Revenue Code
provided, however, that any such income which relates to a qual-
ified mass commuting vehicle pursuant to Federal Internal
Revenue Code Section 168(f)(8)(D)(v) cannot be deducted from
net income.
(e) Where the user/lessee of qualified lease property which is pre-
cluded from claiming a deduction for rent under 10(c) of this
instruction would have been entitled to cost recovery on property
which is subject to such “safe harbor lease” election in the
absence of that election, it may claim depreciation on the proper-
ty in accordance with 12(a) of this instruction.
(f) Gain or loss on property sold or exchanged is the amount prop-
erly to be recognized in the determination of Federal taxable
income. However, on the physical disposal of recovery property,
whether or not a gain or loss is properly to be recognized under
the Federal Internal Revenue Code, there shall be allowed as a
deduction any excess, or there must be restored as an item of
income, any deficiency of depreciation disallowed at line 11(a)
and (b) over related depreciation claimed on that property at line
12(a) and (b). A statutory merger or consolidation shall not con-
stitute a disposal of recovery property.
NOTE: Uncoupling of ACRS and MACRS is not required for proper-
ty placed into service during accounting periods beginning
on or after July 7, 1993.
SCHEDULE S - PART II (B)
All taxpayers must complete this schedule in order to compute their
New Jersey depreciation allowable for assets placed in service dur-
ing accounting periods beginning on and after January 1, 2002, and
for which federal 30% or 50% bonus depreciation was taken and/or
for which excess section 179 depreciation was disallowed and added
back per Schedule S, Part I, line 11(e). The form as is can be used
for all applicable assets. Identification should be reported in Column
A (30% bonus, 50% bonus, excess section 179). The basis is to be
determined at the date property is placed in service and not as pro-
vided after taking the 30% or 50% first-year depreciation allowance.
SCHEDULE S - PART III
(a) All gas, electric, and gas and electric utilities must complete this
schedule in order to compute their New Jersey depreciation
allowable for the single asset account which is comprised of all
depreciable property placed in service prior to January 1, 1998.
The basis of this asset account will be the total Federal deprecia-
ble basis as of December 31, 1997, plus the excess of the book
depreciable basis over the Federal tax basis as of December 31,
1997. This basis will be reduced yearly by the Federal basis of
these assets sold, retired or disposed of from January 1, 1998
to date.
(b) All taxpayers must complete Schedule S, Part I, lines 11(b), 12(b),
12(f), and 13 as well as Schedule S, Part II (B) in order to com-
pute their New Jersey depreciation allowable for assets placed in
service during accounting periods beginning on and after January
1, 2002, and for which federal 30% or 50% bonus depreciation
was taken. The basis is to be determined at the date property is
placed in service and not as provided after taking the 30% or 50%
first-year depreciation allowance.
44. TAX CREDITS: (Refer to instruction 19)
(a) URBAN TRANSIT HUB TAX CREDIT - FORM 319: Taxpayers
that have been approved by the New Jersey Economic
Development Authority may be allowed a tax credit for capital
investments made in qualified business facilities that are located
within eligible municipalities. To claim this credit, the taxpayer
must complete Form 319 and attach it to the return. To obtain this
form and related information, refer to the index on page 14.
(b) GROW NEW JERSEY TAX CREDIT - FORM 320: Taxpayers
that have been approved by the New Jersey Economic
Development Authority may be allowed a tax credit for a capital
investment made in a qualified incentive area. To claim this cred-
it, the taxpayer must complete Form 320 and attach it to the
return. To obtain this form and related information, refer to the
index on page 14.
(c) HMO ASSISTANCE FUND TAX CREDIT - FORM 310: A mem-
ber organization may offset against its corporation business tax
liability an amount of not more than 10% of any assessment for
each of the five privilege periods beginning on or after the third
calendar year commencing after the assessment was paid,
except that no member organization may offset more than 20% of
its corporation business tax liability in any one year.
To claim this credit, the taxpayer must complete Form 310 and
attach it to the tax return. To obtain this form and related infor-
mation, refer to the index on page 14.
(d) NEW JOBS INVESTMENT TAX CREDIT - FORM 304: This tax
credit is available for investment in new or expanded business
facilities that create new jobs in New Jersey. The investment
must create at least 5 new jobs (50 for large businesses), and
meet the median annual compensation requirement for the cur-
rent tax year. New investment is not eligible for the credit unless
the average value of all real and tangible personal property in this
State has increased over the prior year.
The facilities must have been purchased from an unrelated party
during or after the taxpayer’s accounting period beginning on or
after July 7, 1993, the effective date of this legislation. It must be
employed by the taxpayer in a taxable activity and must not have
been in use during the 90 day period prior to purchase.
Investments which qualify for the Manufacturing Equipment and
Employment Investment Tax Credit cannot also qualify for this
credit.
A new employee means a New Jersey resident, hired to fill a
regular, permanent position in this State which did not exist prior
to the qualified investment, and would not exist but for the quali-
fied investment. The employee must be unrelated to the taxpay-
er and must not have been employed by the taxpayer during the
six months prior to the date the investment was placed in service
or use.
The taxpayer cannot claim a credit for a number of new employ-
ees that exceeds either the increase in the taxpayer’s average
employment for the tax year, or one-half the taxpayer’s average
employment for the year. Also, individuals counted in determin-
ing the New Jobs Factor must not be ones for whom the taxpay-
er is allowed an Urban Enterprise Zone or Urban Development
Project Employees Tax Credit.
A small or mid-sized business taxpayer must also meet the annu-
al payroll and annual gross receipts requirements for the current
tax year to qualify.
To claim this credit, the taxpayer must complete Form 304 and
attach it to the tax return. To obtain this form and related informa-
tion, refer to the index on page 14.
(e) URBAN ENTERPRISE ZONE TAX CREDITS: A taxpayer that
has been designated as a “qualified business” as defined in the
New Jersey Urban Enterprise Zones Act, N.J.S.A. 52:27H-60 et
seq., may qualify for either an employee tax credit or an invest-
ment tax credit. To be eligible, the taxpayer must have been cer-
tified as a qualified business by the Urban Enterprise Zones
Authority. Certification is renewable annually. The urban enter-
prise zones are located in Asbury Park, Bayonne City, Bridgeton,
- 9 -
www.state.nj.us/treasury/taxation/
Camden, Carteret, East Orange, Elizabeth, Gloucester City,
Guttenberg, Hillside, Irvington, Jersey City, Kearny, Lakewood,
Long Branch, Millville, Mount Holly, New Brunswick, Newark,
North Bergen, Orange, Passaic, Paterson, Pemberton Township,
Perth Amboy, Phillipsburg, Plainfield, Pleasantville, Roselle
Borough, Trenton, Union City, Vineland, West New York, and the
Joint Wildwoods. Further information can be obtained from the
New Jersey Urban Enterprise Zones Authority, New Jersey
Commerce and Economic Growth Commission, PO Box 820,
Trenton, New Jersey 08625-0820, phone (609) 292-1912.
The forms required to validate the employee tax credit (Form 300)
and the investment tax credit (Form 301) can be obtained by fol-
lowing the instructions on page 14. Specific information on these
tax credits can be obtained from the Regulatory Services Branch,
PO Box 269, Trenton, NJ 08695-0269, phone (609) 292-5994.
(1) Employees Tax Credit - Form 300: This credit is available to
a taxpayer that was certified as a qualified business in the pre-
ceding tax year as well as the current tax year. Qualifying
employees must have been hired after certification and must
have worked six consecutive months in the tax year following
the tax year in which employment began. To claim the credit,
a completed Form 300 must be attached to the tax return.
(2) Investment Tax Credit - Form 301: A qualified business
which is not entitled to an employee tax credit may be entitled
to the investment tax credit. This credit is only available to an
employer with less than 50 employees. The investment must
be at least $5,000 if there are 10 or fewer employees, and
increases by $500 for each additional employee. To qualify for
the credit, the investment must be approved by the Urban
Enterprise Zones Authority. A completed Form 301 must be
attached to the tax return to validate the investment tax credit
claim.
(f) REDEVELOPMENT AUTHORITY PROJECT TAX CREDIT -
FORM 302: Any taxpayer that is actively engaged in the conduct
of business at a location within a project as defined in N.J.S.A.
55:19-1 et seq., and whose business at that location consists pri-
marily of manufacturing or other business that is not retail sales
or warehousing oriented, may be entitled to claim the
Redevelopment Authority Project Tax Credit. This credit is
allowed in the tax year next following the tax year of qualification.
To claim the credit, the taxpayer must complete Form 302 and
attach it to the tax return. To obtain this form and related infor-
mation, refer to the index on page 14. Inquiries regarding the
projects should be directed to the New Jersey Redevelopment
Authority, PO Box 790, Trenton, New Jersey 08625-0790, phone
(609) 292-3739.
(g) RECYCLING EQUIPMENT TAX CREDIT - FORM 303: Atax-
payer that purchased qualified recycling equipment on or after
October 1, 1987 and received a certification for this equipment
from the Commissioner of the Department of Environmental
Protection may be eligible to claim the Recycling Equipment Tax
Credit. The recycling equipment must have been used exclu-
sively within New Jersey, except for vehicles which must have
been used primarily within New Jersey.
The legislation governing this tax credit expired on December 31,
1996, however, any unused credits claimed prior to January 1,
1997, can be taken on the current tax return subject to the limita-
tions set forth on Form 303.
To claim this credit, the taxpayer must complete Form 303 and
attach it to the tax return. To obtain this form and related infor-
mation, refer to the index on page 14.
(h) MANUFACTURING EQUIPMENT AND EMPLOYMENT
INVESTMENT TAX CREDIT - FORM 305: Investments in quali-
fied manufacturing equipment made in tax years beginning on or
after January 1, 1994, may be eligible for the Manufacturing
Equipment and Employment Investment Tax Credit. Such invest-
ment has the benefit of allowing a tax credit computation for the
tax year in which the investment was made as well as each of the
following two tax years. The tax credit computation for the first
year is based on the cost of the qualified manufacturing equip-
ment placed in service in New Jersey during that tax year. The
computations for the two following tax years are based on the
average increase in New Jersey residents employed in New
Jersey subject to a limitation based on the cost of the investment
made in the first year.
The manufacturing equipment portion is limited to 2% (or 4%, if
applicable) of the investment credit base of qualified equipment
placed in service in the tax year, up to a maximum allowed credit
for the tax year of $1,000,000. The employment investment por-
tion is valid for each of the two tax years next succeeding the tax
year for which the manufacturing equipment credit is allowed, but
is limited to 3% of the investment credit base, not to exceed a
maximum allowable amount for each of the two tax years of
$1,000 multiplied by the increase in the average number of qual-
ified employees.
To claim this credit, the taxpayer must complete Form 305 and
attach it to the tax return. To obtain this form and related infor-
mation, refer to the index on page 14.
(i) RESEARCH AND DEVELOPMENT TAX CREDIT - FORM 306:
A taxpayer that has performed qualified research activities in New
Jersey may be eligible to claim the Research and Development
Tax Credit. A credit for increased research activities is allowed
based on qualified expenditures made in taxable years beginning
on and after January 1, 1994. It provides a credit of 10% of the
excess qualified research expenses over a base amount plus
10% of the basic research payments.
Qualified research is limited to scientific experimentation or engi-
neering activities designed to aid in the development of a new or
improved product, process, technique, formula, invention, or com-
puter software programs held for sale, lease, or license, or used
by the taxpayer in a trade or business. For in-house research
expenses (see Section 41(b)(2) of the Internal Revenue Code),
this trade or business requirement will be met if the taxpayer’s
principal purpose for conducting the research is to use the results
of the research in the active conduct of a future trade or business
(see Section 41(b)(4) of the Internal Revenue Code).
To claim this credit, the taxpayer must complete Form 306 and
attach it to the tax return. To obtain this form and related infor-
mation, refer to the index on page 14.
(j) SMALL NEW JERSEY-BASED HIGH-TECHNOLOGY BUSI-
NESS INVESTMENT TAX CREDIT - FORM 308: A taxpayer may
claim a tax credit in an amount equal to 10% of the qualified
investment made by the taxpayer during the tax year in a small-
New Jersey-based high-technology business. The maximum
allowable credit for each tax year is $500,000 for each qualified
investment made by the taxpayer. The small high-technology
business must employ less than 225 employees, of which 75%
must have jobs in New Jersey. The small high-technology busi-
ness must conduct pilot scale manufacturing or qualified research
in New Jersey in the fields of advanced computing, advanced
materials, biotechnology, electronic device technology, environ-
mental technology, and medical device technology. P.L. 1997, c.
349 (N.J.S.A. 54:10A-5.24b) expired for privilege periods begin-
ning on and after July 1, 2001.
To claim this credit, the taxpayer must complete Form 308 and
attach it to the tax return. To obtain this form and related infor-
mation, refer to the index on page 14.
(k) NEIGHBORHOOD REVITALIZATION STATE TAX CREDIT -
FORM 311: A taxpayer that contributes financial assistance to a
nonprofit sponsor may be granted a certificate authorizing a tax
credit which may be used to offset their corporation business tax
liability. The tax credit may be granted in an amount up to 50% of
the approved assistance provided to a nonprofit organization to
implement a qualified project that is part of an approved neigh-
borhood preservation and revitalization plan. The credit may not
exceed $500,000 for any taxable year.
- 10 -
www.state.nj.us/treasury/taxation/
To claim this credit, the taxpayer must complete Form 311 and
attach it to the tax return. To obtain this form and related infor-
mation, refer to the index on page 14.
(l) EFFLUENT EQUIPMENT TAX CREDIT - FORM 312: A taxpay-
er that purchases treatment or conveyance equipment for use in
treatment of effluent for reuse in an industrial process exclusively
within New Jersey may be able to take a tax credit. The credit is
equal to 50% of the cost of the treatment equipment or con-
veyance equipment less the amount of any loan received and
excluding the amount of sales and use tax. The amount of credit
claimed for the privilege period in which the purchase is made and
the amount of credit claimed therefor in each privilege period
thereafter shall not exceed 20% of the amount of the total credit
allowable. A copy of the determination of environmentally benefi-
cial operation issued by the Department of Environmental
Protection along with an affidavit affirming the equipment will only
be used in New Jersey must be filed with the tax return.
To claim this credit, the taxpayer must complete Form 312 and
attach it to the tax return. To obtain this form and related infor-
mation, refer to the index on page 14.
(m)ECONOMIC RECOVERY TAX CREDIT - FORM 313: A taxpayer
that is engaged in the conduct of business within a qualified
municipality and who is not receiving a benefit under the “New
Jersey Urban Enterprise Zones Act” may claim a tax credit equal
to $2,500 for each new full-time position at that location in credit
year one and $1,250 for each new full-time position at that loca-
tion in credit year two.
To claim this credit, the taxpayer must complete Form 313 and
attach it to the tax return. To obtain this form and related infor-
mation, refer to the index on page 14.
(n) AMA TAX CREDIT - FORM 315: A taxpayer who in a previous
year(s) paid an Alternative Minimum Assessment (AMA) liability
which was in excess of the regular CBT liability may take a credit
against its regular CBT liability subject to the following limitations.
The credit taken shall not reduce the taxpayer’s CBT liability to
less than the Alternative Minimum Assessment, nor to below 50%
of the regular CBT liability otherwise due, nor to below the mini-
mum tax due ($500 or $2,000). In addition, other higher priority
credits available to the taxpayer per Schedule A-3 must be used
before taking the AMA credit.
To claim the AMA Tax Credit, the taxpayer must complete Form
315 and attach it to the return. To obtain this form, refer to the
index on page 14.
(o) BUSINESS RETENTION AND RELOCATION TAX CREDIT -
FORM 316: A taxpayer that has entered into a project agreement
with the New Jersey Commerce Commission and received quali-
fication for a grant of tax credits may be able to claim this tax cred-
it. Form 316 must be completed and attached to the tax return.
To obtain this form and related information, refer to the index on
page 14.
(p) SHELTERED WORKSHOP TAX CREDIT - FORM 317: Atax-
payer that provides employment to qualified handicapped persons
at sheltered workshops may be able to claim this tax credit. In
general, the credit is allowed in an amount equal to 20% of the
salary and wages paid during the privilege period for the employ-
ment of a qualified person not to exceed $1,000 for each qualified
person for the privilege period. To claim this credit, the taxpayer
must complete Form 317 and attach it to the tax return. To obtain
this form and related information, refer to the index on page 13.
(q) FILM PRODUCTION TAX CREDIT - FORM 318: A taxpayer that
incurs qualified film production expenses in New Jersey may be
able to claim this credit. In general, the credit is allowed in an
amount equal to 20% of the qualified film production expenses
subject to certain limitations. To claim this credit, the taxpayer
must complete Form 318 and attach it to the tax return. To obtain
this form and related information, refer to the index on page 14.
(r) ANGEL INVESTOR TAX CREDIT - FORM 321: Taxpayers that
have been approved by the New Jersey Economic Development
Authority may be allowed a tax credit for a qualified investment in
a New Jersey emerging technology company. To claim this cred-
it, the taxpayer must complete Form 321 and attach it to the
return. To obtain this form and related information, refer to the
index on page 14.
(s) OTHER TAX CREDITS: Line 19 on Schedule A-3 provides for
any valid tax credit(s) allowable in accordance with the New
Jersey Corporation Business Tax Act that were not enacted at the
time that this packet was printed. Any tax credit(s) claimed on this
line must be documented with a valid New Jersey Corporation
Business Tax Credit Form, which is required to be submitted with
the tax return.
45. INSTALLMENT PAYMENTS: Taxpayers are required to make install-
ment payments of estimated tax. The requirement for making these
payments is based on the amount of the total tax liability shown on the
most recent return.
(a) If the 2013 Total Tax Liability is greater than $500, the taxpay-
er must make installment payments towards 2014. These pay-
ments are to be made on form CBT-150 and are due on or before
the 15th day of the 4th, 6th, 9th and 12th months of the tax year.
Taxpayers with gross receipts greater than or equal to
$50,000,000 must make installment payments on the 15th day of
the 4th, 6th, and 12th months of the tax year. Details for making
these payments can be found in the CBT-150 instructions. Refer
to the index on page 14.
(b) If the 2013 Total Tax Liability is $500, installment payments may
be made as indicated in (a) above OR in lieu of making installment
payments, the taxpayer may make a payment of 50% of the 2013
total tax liability. For taxpayers who qualify and wish to take
advantage of this option, enter on line 16, 50% of the amount on
line 13. This will become part of the payment to be made with the
2013 return and installment payments will not be required. This
payment should be claimed as a credit when filing the 2014
return.
46. PAYMENTS AND CREDITS: Credit for the total amount of the pay-
ments and credits listed below should be taken on page 1, line 19:
(a) Include installment tax payments made with form CBT-150 as well
as any payment made on line 19 of the 2012 CBT-100 or line 10
of the 2012 CBT-100S.
(b) Include the payment, if any, that was remitted with the tentative
return, form CBT-200-T.
(c) Include any overpayment from the preceding tax return which the
taxpayer elected to have credited to the current year’s tax. Do not
include any amount of the overpayment which the taxpayer elect-
ed to have refunded.
(d) Include any payments remitted electronically through the
Electronic Funds Transfer Program.
(e) Line 19(a)-Include the total payments made by partnerships on
behalf of the taxpayer that are reported in Column 7 on Schedule
P-1. Submit copies of the K-1’s reflecting payments made by
each partnership entity.
NOTE: PC installment payments from the prior year may not be used
to offset any current year tax liability and are NOT eligible for refund.
47 . DELINQUENT FILING AND/OR TAX PAYMENT- COMPUTATION
OF PENALTY AND INTEREST:
Late Filing Penalty - 5% per month or fraction thereof on the amount
of underpayment not to exceed 25% of that underpayment, except if
no return has been filed within 30 days of the date on which the first
notice of delinquency in filing the return was sent, the penalty shall
accrue at 5% per month or fraction thereof of the total tax liability not
to exceed 25% of such tax liability. Also, a penalty of $100 for each
month the return is delinquent may be imposed.
Late Payment Penalty - 5% of the balance of tax due paid after the
due date for filing the return may be imposed.
- 11 -
www.state.nj.us/treasury/taxation/
Interest - The annual interest rate is 3% above the average predom-
inant prime rate. Interest is imposed each month or fraction thereof
on the unpaid balance of tax from the original due date to the date of
payment. At the end of each calendar year, any tax, penalties and
interest remaining due will become part of the balance on which inter-
est will be charged. The interest rates assessed by the Division of
Taxation are published in the quarterly issues of the New Jersey State
Tax News. See “Tax Forms and Information” on page 14 for informa-
tion on obtaining copies of the newsletter.
NOTE: The average predominant prime rate is the rate as deter-
mined by the Board of Governors of the Federal Reserve System,
quoted by commercial banks to large businesses on December 1st of
the calendar year immediately preceding the calendar year in which
payment was due or as redetermined by the Director in accordance
with N.J.S.A. 54:48-2.
Civil Fraud - If any part of an assessment is due to civil fraud, there
shall be added to the tax an amount equal to 50% of the assessment
in accordance with N.J.S.A. 54:49-9.1.
UNDERPAYMENT OF ESTIMATED TAX - Taxpayers must use either
Form CBT-160-A or CBT-160-B to determine whether an underpay-
ment exists in any of the installment payment periods and if the cor-
poration is subject to an interest charge on such underpayment, the
amount of interest. If the taxpayer qualifies for any of the exceptions
to the imposition of interest for any of the installment payments, Part
II must be completed and should be filed with the taxpayer’s return,
form CBT-100, as evidence of such exception. The CBT-160 must be
attached to the return and any interest due included on line 21, Page
1 of the form CBT-100.
48. REFERRAL COST RECOVERY FEE: In accordance with N.J.S.A.
54:49-12.3, a Referral Cost Recovery Fee of 10% of any tax, penalty
and interest due will be added to your liability if the matter is assigned
to an outside collection agency. For delinquent periods, if that period
is assigned to an outside collection agency, a Referral Cost Recovery
Fee will be assessed prior to the filing of a Certificate of Debt.
49. AMENDED RETURNS: To amend CBT-100 returns, use the CBT-
100 form for the appropriate tax year and write “AMENDED
RETURN” clearly on the front page of the form. Mail to: State of New
Jersey, Division of Taxation, CBT Refund Group, PO Box 259,
Trenton, NJ 08695-0259.
- 12 -
www.state.nj.us/treasury/taxation/
E-CHECK, ELECTRONIC FUNDS TRANSFER (EFT) AND
CREDIT CARD PAYMENT INFORMATION FOR ALL CBT VOUCHERS
You may pay your New Jersey Corporation Business taxes and estimated taxes electronically by
e-check or electronic funds transfer (EFT) or by credit card. Go to the Division of Taxation’s website at
http://www
.st
ate.nj.us/treasury/taxation/ and select “File/Pay”. Taxpayers who do not have access to the Internet
may call the Division’s Customer Service Center at 609-292-6400.
Special Note: To pay by credit card visit the Division’s website at www.state.nj.us/treasury/taxation/ and select
electronic services. If you pay by credit card, do not return the remittance document.
If you are not currently enrolled in the Electronic Funds Transfer program with the Division of Revenue, visit their
website at: http://www
.state.nj.us/treasury/revenue/enrolleft.shtml
Do not use the CBT-100-V or CBT-150 payment voucher if using one of the above methods for
payment. The CBT-200-T return must be submitted no matter what method of payment is used.
- 13 -
www.state.nj.us/treasury/taxation
Page
2 . . . Schedule A . . . . . . . . . . . . Computation of Entire Net Income
3 . . . Schedule A-2 . . . . . . . . . . Cost of Goods Sold
3 . . . Schedule A-3 . . . . . . . . . . Summary of Tax Credits
4 . . . Schedule A-4 . . . . . . . . . . Summary Schedule
4 . . . Schedule A-5 . . . . . . . . . . Federal IRC Section 199 Adjustment
5 . . . Schedule A-GR . . . . . . . . . Computation of New Jersey Gross Receipts and Minimum Tax
5,6 . . . Schedule AM . . . . . . . . . . . Alternative Minimum Assessment for C Corporations
7 . . . Schedule B . . . . . . . . . . . . Balance Sheet
7 . . . Schedule C . . . . . . . . . . . . Reconciliation of Income Per Books with Income Per Return
8 . . . Schedule C-1 . . . . . . . . . . Analysis of Unappropriated Retained Earnings Per Books
8 . . . Schedule E . . . . . . . . . . . . General Information
8 . . . Schedule F . . . . . . . . . . . . Corporate Officers - General Information and Compensation
9 . . . Schedule G . . . . . . . . . . . . Interest, Interest Expenses and Costs and Intangible Expenses and Costs
* . . . Schedule G-2 . . . . . . . . . . Claim for Exceptions to Disallowed Interest and Intangible Expenses and Costs
9 . . . Schedule H . . . . . . . . . . . . Taxes
18 . . . Schedule I . . . . . . . . . . . . Certification of Inactivity
10,11 . . . Schedule J . . . . . . . . . . . . General Information for Allocating Taxpayers, Average Values, Computation of Allocation Factor
13 . . . Schedule L . . . . . . . . . . . . Investment Companies
13 . . . Schedule M . . . . . . . . . . . . Regulated Investment Companies & Real Estate Investment Trusts
* . . . Schedule N . . . . . . . . . . . Nexus - Immune Activity Declaration
* . . . Schedule O . . . . . . . . . . . Nonoperational Activity
14 . . . Schedule P . . . . . . . . . . . . Subsidiary Investment Analysis
14 . . . Schedule P-1 . . . . . . . . . . Partnership Investment Analysis
14 . . . Schedule P-C . . . . . . . . . . Per Capita Licensed Professional Fee
14 . . . Schedule Q . . . . . . . . . . . . Qualified Subchapter S Subsidiaries (QSSS)
14 . . . Schedule R . . . . . . . . . . . . Dividend Exclusion
15-18 . . . Schedule S . . . . . . . . . . . . Depreciation and Safe Harbor Leasing
* . . . Form 300 . . . . . . . . . . . . . Urban Enterprise Zone Employees Tax Credit and Credit Carry Forward
* . . . Form 301 . . . . . . . . . . . . . Urban Enterprise Zone Investment Tax Credit and Credit Carry Forward
* . . . Form 302 and 302-A . . . . . Redevelopment Authority Project Tax Credit and Credit Carry Forward
* . . . Form 303 . . . . . . . . . . . . . Recycling Equipment Tax Credit
* . . . Form 304 and 304-A . . . . New Jobs Investment Tax Credit
* . . . Form 305 and 305-A . . . . Manufacturing Equipment and Employment Investment Tax Credit
* . . . Form 306 and 306-A . . . . Research and Development Tax Credit
* . . . Form 308 and 308-A . . . . Small New Jersey-Based High-Technology Business Investment Tax Credit
* . . . Form 310 . . . . . . . . . . . . . . HMO Assistance Fund Tax Credit
* . . . Form 311 . . . . . . . . . . . . . . Neighborhood Revitalization State Tax Credit
* . . . Form 312 . . . . . . . . . . . . . . Effluent Equipment Tax Credit
* . . . Form 313 . . . . . . . . . . . . . . Economic Recovery Tax Credit
* . . . Form 315 . . . . . . . . . . . . . AMA Tax Credit
* . . . Form 316 . . . . . . . . . . . . . . Business Retention and Relocation Tax Credit
* . . . Form 317 . . . . . . . . . . . . . . Sheltered Workshop Tax Credit
* . . . Form 318 . . . . . . . . . . . . . . Film Production Tax Credit
* . . . Form 319 . . . . . . . . . . . . . . Urban Transit Hub Tax Credit
* . . . Form 320 . . . . . . . . . . . . . . Grow New Jersey Tax Credit
* . . . Form 321 . . . . . . . . . . . . . . Angel Investor Tax Credit
* . . . Form 401 . . . . . . . . . . . . . . Key Corporation and Affiliates Claiming AMA Threshold Limit
* . . . Form 500 . . . . . . . . . . . . . . Net Operating Loss and Carryover
* . . . Form 501 . . . . . . . . . . . . . . Domestic Production Activities Deduction (IRC 199 Adjustment)
INDEX OF CBT-100 SCHEDULES, FORMS AND INSTRUCTIONS
- 14 -
www.state.nj.us/treasury/taxation
*
These schedules and forms are available on the Division of Taxation’s web site, from the NJ TaxFax service or by contacting the Division.
TAX FORMS AND INFORMATION
To quickly obtain tax forms, information and Tax Topics Bulletins, you can access the Division of Taxation’s web site at
www.state.nj.us/treasury/taxation or our NJ TaxFax service from your fax machine’s phone at (609) 826-4500. NJ TaxTalk provides pre-
recorded information on NJ tax topics by calling on a touch-tone phone either within New Jersey at 1-800-323-4400 or (609) 826-4400
elsewhere. If you wish to speak to a Division of Taxation representative, call the Division’s Customer Service Center at (609) 292-6400.
The New Jersey State Tax News is published electronically on the Division of Taxation’s web site at: www.state.nj.us/treasury/taxation/pub-
lnews.shtml. To be notified when new issues become available, subscribe to NJ Tax E-News, the Division’s online information service,
at: www.state.nj.us/treasury/taxation/listservice.shtml.
For forms by mail, address your request to: NJ Division of Taxation, Taxpayer Forms Services, PO Box 269, Trenton, NJ 08695-0269.
