Frank1108
Level 1

Hi,

I am preparing a partnership tax return and the partnership incurred $95k of short term capital stock losses. The  loss flowed from Federal Form 1065 to New Jersey NJ-1065 on line 8. Since the amount is a loss, should it be added back as an "other Addition" on line 13b of Form NJ-1065.

Many thanks as I am trying to finish this tax return.

Frank 

0 Cheers