The Partnership & S Corporate New Jersey Pass-Through Business Alternative Income Tax Calculation allows you to credit your PTE overpayment to the next tax year.
New! Beginning in Lacerte 2022, these amounts will proforma to the next tax year eliminating the need to manually track and enter.
Partnership:
Amounts will transfer to Screen 42.081, Estimated Tax, in the field Overpayment applied from 20XX (code 20)
S Corporate:
Amounts will transfer to Screen 10, Estimates, within the section for 20XX New Jersey Pass-Through Entity Estimates (PTE-150), in the field for Overpayment applied from 20XX (code 831)
Release:
Lacerte 2022 - Version 44.0129 - January 30, 2024
