NJ PTE/BAIT

[Sylvia99]

NJ PTE or BAIT, when I go back to add the PTE deduction (payment) to the federal return, I add it as tax for fed, and -1 for state. But, it is still changing the state return, and therefore changing the PTE calc. I have been on chat for 1.5 hours with no solution from proconnect. Any NJ folks that can help me to find the proper data entry.

[IntuitBoris]

Is this a Partnership return?

Partnership returns don't automatically add back state taxes on the PNJ return like on COR and SCO NJ returns.  I think you can enter the PTE/BAIT on the other additions line of the NJ return (input is in the State & Local Schedule K screen).

[Sylvia99]

Yes, it was a partnership return.  I will experiment with this tomorrow.  Thanks for your thoughts!  Much appreciated.