How to enter New Jersey PTE tax in ProConnect Tax

To claim the credit on an individual return:

1. Go to Input Return ⮕ Income ⮕ Passthrough K-1's.
2. Select the Partnership Info or S-Corp Info screen, depending on the type of K-1.
3. Select the State & Local tab.
4. Scroll down to the New Jersey Information section.
5. Enter the amount in Share of Business Alternative Income Tax.

The credit will flow to form NJ-1040, line 63. Form NJ-BUS-1 will report all of the sources for the credit.

To generate the PTE for a partnership:

1. Go to the Profile tab.
2. Check the box for New Jersey PTE under the Select for E-file.

The program will calculate the PTE-100 and generate a Schedule PTE-K-1 for the members.

To enter PTE-100 payments already made:

1. Go to Input Return ⮕ State & Local ⮕ Estimates.
2. Select the NJ Estimates screen.
3. Scroll down to the New Jersey 2025 PTE-100 Payments section.
4. Enter the amount and date paid.

To make a PTE payment with an e-filed extension:

1. Go to the Profile tab.
2. Make sure both New Jersey PTE and New Jersey PTE Extension are checked for e-file here.
3. Go to Input Return ⮕ Miscellaneous Information.
4. Enter the client's Bank Information.
5. Select the NJ tab.
6. Under PTE-200-T, check the box for Electronic payment of balance due.
7. On the left-side menu, select Automatic Extension (7004).
8. Select the State & Local tab.
9. Check the box to Print extension. You can also override the Payment amount here if needed.

Review and print the NJ e-file Payment (PTE-200-T) and PTE-200-T forms the program produces. Verify these are accurate and keep them for your records before sending the extension.

To generate the PTE for an S corporation:

1. Go to the Profile tab.
2. Check the box for New Jersey PTE under the Select for E-file.

The program will calculate the PTE-100 and generate a Schedule PTE-K-1 for the members.

To enter PTE payments already made:

1. Go to Input Return ⮕ Payments, Penalties & Extensions ⮕ Estimated Tax.
2. Select the Other State & Local tab.
3. Scroll down to the 2025 New Jersey Pass-Through Entity Estimates (PTE-150) section.
4. Enter the amount and date paid.

To make a PTE payment with an e-filed extension:

1. Go to the Profile tab.
2. Make sure both New Jersey PTE and New Jersey PTE Extension are checked for e-file here.
3. Go to Input Return ⮕ Miscellaneous Information.
4. Enter the client's Bank Information.
5. Select the NJ tab.
6. Under PTE-200-T Extension, check the box for Electronic payment of balance due.
7. On the left-side menu, select Payments, Penalties & Extensions.
8. Click on Extension of Time to File (7004).
9. Select the State & Local tab.
10. Check the box to Print extension. You can also override the Payment amount here if needed.

Review and print the NJ e-file Payment (PTE-200-T) and PTE-200-T forms the program produces. Verify these are accurate and keep them for your records before sending the extension.