Cbt 100 Form – Fill Out and Use This PDF

NEW JERSEY

2013 CBT-100

General Instructions For

CORPORATION BUSINESS TAX RETURN AND RELATED FORMS

Form CBT-100	Corporation Business TaxReturn
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 PAYTHE ANNUALREPORT	MAIL COMPLETED CBT-100 TO:
		STATE OF NEW JERSEY
	ELECTRONICALLY, VISIT THE	DEPARTMENT OF THE TREASURY
	DIVISION OF REVENUE’S WEBSITE AT:	DIVISION OF TAXATION
		REVENUE PROCESSING CENTER
	http://www.nj.gov/treasury/revenue
		POBOX 666
		TRENTON, NJ 08646-0666

2013 New Jersey Corporation Business Tax

PAYMENT VOUCHER (Form CBT-100-V) and

EXTENSION REQUEST (Form CBT-200-T)

Apayment 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.

1 2 3 4 5 6 7 8 9 0

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-Tforms 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.

AMESSAGE 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 Ain 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:

Anew 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:

Anew 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.

Athird 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