NJ S corp. return form will be not available until March 2nd?

[cl2019]

anyone in NJ can respond to this? I checked the atx calender, it looks like CBT-100s will not be available until 3/2/2020. That is too late. Has atx always released nj cbt100s so late? 

 

[Lee B]

One of the reasons that I left ATX for Drake several years ago was the release of Oregon Business Entity Forms kept getting later and later.

The last week in February was way too late for me!

[cl2019]

Thanks. If they can release form on March 2nd, I am fine with that. But is it possible that the final release date is even later than what they posted on their website? did it happen before?

[DevM]

As per NJ Website..

 

NOTICE: Automatic Extension for 2019 Corporation Business Tax Returns for Certain Fiscal Tax Year Filers

2019 Corporation Business Tax returns (Forms CBT-100, CBT-100U, BFC-1, BFC-1-F, and CBT-100S) are currently in the process of being finalized, which is delaying the start of the filing season.

Taxpayers with accounting periods ending between July 31, 2019, and November 30, 2019, have been granted an automatic extension to file their tax returns by April 15, 2020. The taxpayer will not be charged late filing penalties if the return is filed by the April 15, 2020, extended due date. The extension applies only to the filing of the return and does not extend the time to make all required payments.

In addition to the automatic extension, taxpayers can submit the Corporation Business Tax Tentative Return and Application For Extension of Time to File, Form CBT-200-T, which provides a 6-month extension. However, the return will be due 6 months from the original due date.

This means:

If your accounting period ends on:                                                                                                          

 

If your accounting period ends on:                                                                                                      July 31, 2019     Aug. 31, 2019     Sept. 30, 2019     Oct. 31, 2019     Nov. 30, 2019

The due date for filing would normally be:                                                                                         Nov. 15, 2019     Dec. 15, 2019     Jan. 15, 2019      Feb. 15, 2019    Mar. 15, 2019

The Division has granted an automatic extension to file the return. The due date is:                April 15, 2020     April 15, 2020     April 15, 2020     April 15, 2020    April 15, 2020

If taxpayers submits an Application for Extension of Time to File,* the due date would be:    May 15, 2020      June 15, 2020     July 15, 2020     Aug. 15, 2020     Sept 15, 2020