It has come to the New Jersey Division's attention that there is a mistake on the originally released version of Form CBT-100S. The reference for Schedule K, Part III, Line 7 should be Page 1, Line 2a minus Line 3 (Instead of Page 1, Line 4 as recorded on the originally released version of the form).

Preparers should review their returns to ensure that they've properly reported the Corporation Business Tax on Schedule K, Part III, Line 7. I

If an incorrect amount was reported, an amended return is required.

New Jersey Division of Taxation: https://www.nj.gov/treasury/taxation/cbt/23schedulek.shtml