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FILING FEE SCHEDULE 1 Number of Resident Partners x $150.00 2 Number of Nonresident Partners with Physical Nexus to New Jersey x $150.00 Number of Nonresident Partners without Physical Nexus to New.

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There is a filing fee for partnerships with more than two partners and NJ sourced income. The fee is calculated on page 3 of NJ 1065 and is $150 per partner. In limited circumstances, such as for certain Investment Clubs, the fees do not apply.

Partnerships may be subject to a penalty of $100 per month (or fraction of a month) that the return is late. A penalty of 5% per month (or fraction of a month), up to a maximum of 25% of the balance of tax due with the return, may also be imposed.

A partnership must file an annual information return to report the income, deductions, gains, losses, etc., from its operations, but it does not pay income tax. Instead, it "passes through" profits or losses to its partners.

Electronic Filing Requirement: NJ-1065 filers that have ten or more partners are required to file by electronic means. For partnerships with 50 partners or less, we provide a free online partnership filing application.

FILING FEE EXCEPTIONS Exemptions include a partnership that has no New Jersey source income, expenses, or loss. To qualify for this exception, all of the partnership's operations and facilities must be located outside New Jersey.

PURPOSE OF THE PART-100 Return PART -100 must be filed if you filed a Form PART-200-T; if you owe a Filing Fee and/or Nonresident Partner Tax from Line(s) 24 and/or 25 of Form NJ -1065; or if you reported an Installment Payment on Line 2 of your prior year Return PART-100.

The fee is due on or before the 15th day of the 4th month following the end of the partnership's tax year; Tiered partnerships - each partnership pays the filing fees required for its partners; The filing fee can be allocated for nonresident partners who do not have physical nexus with New Jersey.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232