S Corp Nj Cbt 100s

Yunhuachang · #1 (**permalink**) 02-23-2010, 03:16 PM

I started S Corp last sept. So need to do federal and state return.
For federal, I need to file 1120S, for NJ state, I need to file CBT100S.
I noticed most states don't use CBT 100S. They use state 1120 S.
I plan to use Turbo tax. When I select NJ, I don't see the CBT 100S, but 1120S. I did not buy Turbo tax software yet.
My question is:
Will turbo tax prepare CBT 100S for me? or will they prepare 1120S state for me? Turbo tax help desk won't answer me.

TaxGuru · #2 (**permalink**) 02-23-2010, 08:20 PM

I am sure that Turbo Tax will use the correct form for processing a NJ Corporation Tax Return, that is a CBT-100S would be generated using the Turbo Tax Program for NJ State.

Turbo Software will generate the appropriate Tax Forms that are required for that specific State. So, be assured they will not generate an incorrect form for processing a State's S or a C Corporation Tax return!

Yunhuachang · #3 (**permalink**) 02-24-2010, 11:12 AM

Quote:

Originally Posted by TaxGuru

I am sure that Turbo Tax will use the correct form for processing a NJ Corporation Tax Return, that is a CBT-100S would be generated using the Turbo Tax Program for NJ State.

Turbo Software will generate the appropriate Tax Forms that are required for that specific State. So, be assured they will not generate an incorrect form for processing a State's S or a C Corporation Tax return!

I am relieved!!! A lot of learning here.