Drake Tax2024 Form Availability and Tax Changes: New Jersey

Article #: 20032

Last Updated: December 20, 2024

 


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Supported Forms

The following New Jersey forms are supported in Drake Tax 2024. NJ forms cannot be e-signed.

Form Description IND CRP SCRP PTR FID EST
  Veteran’s Income Tax Exemption Submission Form t          
301 Urban Enterprise Zone Investment Tax Credit   t t      
302 Redevelopment Authority Project Tax Credit   t t      
304 New Jobs Investment Tax Credit   t t      
305 Manufacturing Equipment and Employment Investment Tax Credit   t t      
306 Research and Development Tax Credit   t t      
311 Neighborhood Revitalization State Tax Credit   t t      
312 Effluent Equipment Tax Credit   t t      
313 Economic Recovery Tax Credit   t t      
315 AMA Tax Credit   t t      
316 Business Retention and Relocation Tax Credit   t t      
317 Sheltered Workshop Tax Credit   t t      
318 Film Production Tax Credit   t t      
319 Urban Transit Hub Tax Credit   t t      
320 Grow New Jersey Assistance Tax Credit   t t      
321 Angel Investor Tax Credit   t t      
322 Wind Energy Facility Tax Credit   t t      
323 Residential Economic Redevelopment and Growth Tax Credit   t t      
324 Business Employment Incentive Program Tax Credit   t t      
500 Computation of the Post Allocation Net Operating Loss (NOL) and Prior Net Operating Loss Conversion Carryover (PNOL) Deductions   t t      
500S Computation of the Available Converted Net Operating Losses     t      
CBT-100 New Jersey Corporation Business Tax Return   t t      
CBT-100S New Jersey Corporation Business Tax Return   t        
CBT-150C Corporation Business Tax Estimated Payment Worksheet   t t      
CBT-150S Corporation Business Tax Estimated Payment Worksheet   t t      
CBT-160-A Underpayment of Estimated N.J. Corporation Business Tax for Taxpayers with Gross Receipts of Less Than $50 Million   t t      
CBT-160-B Underpayment of Estimated N.J. Corporation Business Tax for Taxpayer with Gross Receipts of $50 Million or More   t t      
CBT-160-P Underpayment of Estimated NJ Partnership Tax       t    
CBT-200-TC Corporation Business Tax Application for Extension of Time to File Worksheet   t t      
CBT-200-TS Corporation Business Tax Application for Extension of Time to File Worksheet     t      
CBT-206 Partnership Application for Extension of Time to File NJ-CBT-1065       t    
CBT-2553 New Jersey S Corporation or New Jersey QSSS Election     t      
CBT-2553-R Retroactive S Election Application   t t      
IDT-100 Identity Theft Declaration t          
IT-PMT Inheritance and Estate Tax Inheritance Tax Payment           t
IT-R Inheritance Tax Return Resident Decedent           t
M-5008-R Appointment of Taxpayer Representative t t t t t  
NJ 1040-SC Payment on Behalf of Nonconsenting Shareholders     t      
NJ-1040 New Jersey Resident Income Tax Return t          
NJ-1040-ES-V Composite Estimated Tax Payment Voucher t   t t t  
NJ-1040NR New Jersey Nonresident Income Tax Return t          
NJ-1040-NR-V Nonresident Individual Income Tax Payment Voucher t          
NJ-1040-O e-File Opt-Out Request Form t       t  
NJ-1040-V Payment Voucher t          
NJ-1040X New Jersey Amended Resident Income Tax Return t          
NJ-1041 New Jersey Income Tax Fiduciary Return         t  
NJ-1041-V Fiduciary Payment Voucher         t  
NJ-1065 New Jersey Income Tax Partnership Return       t    
NJ-1065E Corporate Partner’s Statement of Being an Exempt Corporation or Maintaining a Regular Place of Business in New Jersey       t    
NJ-1065V New Jersey Gross Income Tax Partnership Payment Voucher       t    
NJ-1080-C Income Tax, Nonresident Composite Return     t t t  
NJ-1080E Election to Participate in a Composite Return     t t t  
NJ-2210 Underpayment of Estimated Tax by Individuals, Estates, or Trusts t          
NJ-2210NR Underpayment of Estimated Tax by Nonresident Individuals t          
NJ-2450 Employee’s Claim for Credit for Excess UI/WF/SWF, Disability Insurance, and/or Family Leave Insurance Contributions t          
NJ-630-V Application for Extension of Time to File Payment Voucher t   t t t  
NJ-CBT-1065 New Jersey Corporation Business Tax Partnership Return       t    
NJ-CBT-V New Jersey Corporation Business Tax Partnership Payment Voucher       t    
NJ-EZ Enroll Form Easy Enrollment Health Insurance t          
NJ-NR-A Business Allocation Schedule t     t t  
PART-200-T Partnership Application for Extension of Time to File NJ-1065       t    
PTE-100 Pass-Through Business Alternative Income Tax Return       t    
PTE-150 Pass-Through Business Alternative Income Tax Statement of Estimated Tax     t t    
PTE-160 Underpayment of Estimated Pass-Through Business Alternative Income Tax     t t    
PTE-200-T Pass-Through Business Alternative Income Tax Application for Extension of Time to File Form PTE-100     t t    
PTR-1 Senior Freeze (Property Tax Reimbursement) Application t          
Sch. A (NJ-1065) Tiered Partnerships       t    
Sch. A (NJ-1080-C) Participant Directory     t t t  
Sch. B (NJ-1065) Sheltered Workshop Tax Credit       t    
Sch. B (NJ-1080-C) Nonparticipant Directory     t t t  
Sch. E (NJ-1041) New Jersey Income of Nonresident Estates and Trusts         t  
Sch. J (NJ-1065) Corporation Allocation Schedule       t    
Sch. L (NJ-1065) Complete Liquidation       t    
Sch. N Nexus, Immune Activity Declaration   t t      
Sch. NJ-BUS-1 (NJ-1040) New Jersey Gross Income Tax Business Income Summary Schedule t          
Sch. NJ-BUS-1 (NJ-1041) Income Summary         t  
Sch. NJ-BUS-1 (NJ-1040NR) New Jersey Gross Income Tax Business Income Summary Schedule t          
Sch. NJ-BUS-2 (NJ-1040) New Jersey Gross Income Tax Alternative Business Calculation Adjustment t          
Sch. NJ-BUS-2 (NJ-1041) Alternative Business Calculation Adjustment         t  
Sch. NJ-BUS-2 (NJ-1040NR) New Jersey Gross Income Tax Alternative Business Calculation Adjustment t          
Sch. NJ-COJ Credit for Income or Wage Taxes Paid to Other Jurisdiction t          
Sch. NJ-DOP Net Gains or Income from Disposition of Property t          
Sch. NJ-HCC Health Care Coverage t          
Sch. NJ-K-1 (CBT-100S) Shareholder’s Share of Income/Loss t   t      
Sch. NJK-1 (NJ-1041) Beneficiary’s or Grantor’s Share of Income         t  
Sch. NJK-1 (NJ-1065) Partner’s Share of Income t     t    
Sch. NJ-WWC Wounded Warrior Caregivers Credit t          
Sch. O (NJ-1065) Nonoperational Activity       t    
Sch. PT Previously Taxed Dividends   t        
Sch. T (NJ-CBT-1065) Tiered Partnership       t    
Sch. PTE-K-1 Pass-Through Business Alternative Income Tax Member’s Share of Tax     t t    
Worksheet 500-P Prior Net Operating Loss Conversion   t        

Tax Law Changes

  • GetCoveredNJ – If any member of a tax household has no health insurance, the taxpayer must complete the new Form NJ-EZ. If the taxpayer agrees to coverage, they do not have to make a shared responsibility payment. (See NJ screen EZE in Drake Tax.)

  • NJ Child Tax Credit – The amount available for taxpayers with children who are age 5 or younger has been doubled. Credit amounts range from $200 – $1,000 for filers with incomes up to $80,000.