N.J. Admin. Code § 18:35-11.4

Current through Register Vol. 56, No. 11, June 3, 2024

Section 18:35-11.4 - Installment payment

(a) Each entity required to make a payment of the partnership filing fee shall, on or before the 15th day of the fourth month of its fiscal year, make an installment payment of its filing fee for the succeeding return period. The amount of the installment payment is 50 percent of the amount required to be paid for the current fiscal year.

(b) In the year a partnership dissolves a 50 percent repayment of the filing fee liability for the succeeding year is not required.

1. For example, if a partnership dissolves during the calendar year, the 50 percent prepayment of the $ 150.00 per partner filing fee for the subsequent calendar year is not required, provided the partnership properly checks the box at the top of Form NJ-1065 signifying that it is a final return.

N.J. Admin. Code § 18:35-11.4

Amended by 48 N.J.R. 295(a), effective 2/16/2016