How do I calculate the income actually taxed by other jurisdictions during the tax year on Line 1 of Form NJ Sch A for a New Jersey 1040 return in SureFire?
In order to calculate the amount forFormNJ Sch A,Line 1, do the following:
Go to Form W-2.
Add all ofthe other Federal W-2 State wages on Box 16.
Note: NJ requires SureFireto use state wages from the W-2's (Box 16) to calculate wages on the NJ return.
Select the File menu, Save Return.
Afterwards, we request that you review the FormNJ 1040,Pg. 2,Line 14which is a combination of all of the State W-2 wages per the following excerpt fromForm NJ 1040, Pg. 20, Line 14: Wages, Salaries, Tips, etc.:
Enter the total wages, salaries, tips, fees, commissions, bonuses, and other payments you received for services performed as an employee. Include all payments, whether in cash, benefits, or property.
Enter the total of State wages, salaries, tips, etc. from all employment both inside and outside New Jersey.
Lastly, if the FormNJ Sch A,Line 4is too high; youhave listed wages for other states and NJ on the same W-2's. You will need to overrideColumn Aon the FormNJ1040NR.
Additional Information:
Para obtener la versin en espaol de este artculo de Knowledge Base, haga clic aqu:Cmo calculo los ingresos actualmente imponibles por otras jurisdicciones durante el ao fiscal en la Lnea 1 del Formulario NJ Sch A para una declaracin de impuestos 1040 de Nueva Jersey en SureFire?
Tags: state,form