I opened up a S-corp in NJ and I was filing CBT-100S for NJ with Inactive Corp (and was not doing any business) but i filed a 1120S with Federal in 2006 Saying Final return.
-Doesn't it mean the S-corp closed in 2006?
-NJ has been sending the bills for Min.Payment for all the other years mean from 2005-2008.Do i still owe these taxes?
-In 2009,Someone on forums suggested,I need to file Dissolution with Zero assets since it has no money.I did that.When i was talking a state auditor,They were asking to file a inactive return and pay the min amount.Is this correct?

Can i show state that i already filed a final return with federal and in 2006 and pay the dues in 2005 and 2006.How this going tow ork?

Please advise.

No, by filing indicating "Final" on your 2006 Tax Return does not imply that the Corporation has been dissolved legally in the NJ State. You still have to go through the formal dissolution process!

Yes, you do owe the minimum taxes for the NJ Franchise Taxes for the tax years 2007, 2008 and 2009, assuming you still have not formally withdrawn or disolved the corporation as of 2009!

Yes, the person who was advising you to file an inactive returns for 2007 through 2009 and pay the minimum taxes is correct.

By showing that you filed "Final" on the federal tax return will not help to prove anything as the dissolution is a process that needs to be processed by the State of New Jersey.

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Thank you for the quick response.One more question relation to that.Whatever the taxes been paying now,can this be claimed as a deduction on my personal return?Since i already filed the final return with federal,does that cause any issue?
Planning to pay off in this year(2009) all the old dues.Can i claim them in my 2009 personal return as taxes paid or losses from the corp?