The New Jersey Division of Taxation has published guidance related to the filing, income reporting requirements and payment responsibilities of partnerships. The publication discusses the NJ adjustments to taxable income that are applicable for gross income tax purposes. It emphasizes the fact that partnership income is reported as one category of income on the partner’s NJ gross income tax return rather than in respective categories, such as ordinary income (loss), interest, dividends, rents, gains and losses. Read the publication here. © 2019
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