Back
to top
  • COVID-19 Information
COVID-19 is still active. Wear a mask. Social distance. Stay up to date on vaccine information. Visit: covid19.nj.gov
COVID19 Alert NJDownload free COVID Alert app.
Visit covid19.nj.gov/app

Division of Taxation

Notice to Corporate Taxpayers

The Business Tax Reform Act, P.L. 2002, Chapter 40, approved July 2, 2002 made many revisions to the Corporation Business Tax. In addition a Tax Study Commission has been created to review the changes and to make recommendations concerning improvement. As part of that process, the Division will be gathering additional statistical information from the post legislative returns filed. In order to accomplish this a new schedule, Schedule A-4, has been created to summarize the necessary data. Taxpayers are required to fully complete this schedule along with Schedule A.

Tax Returns which are not sufficiently completed or which contain statements indicating "see schedule attached" will be deemed improperly filed and will be returned to the taxpayer for correction. Taxpayers are advised that this may result in the imposition of late filing penalties should the corrected returns not be filed by the due date or extended due date of the return. This is of particular importance for Federal S corporations that fail to make New Jersey S corporation elections and must file as C corporations for New Jersey purposes.


Last Updated: Friday, 02/14/20