The creation of a new simplified standardized return for combined groups, banking corporations, financial business corporations, and separate return filers designed to replace the CBT-100U, BFC-1, and CBT-100 is underway. However, due to the combination of significant changes to Corporation Business Tax reporting and administration over the last several years, coupled with technical challenges, implementation of the new form is now expected to be effective starting with the 2022 tax year. The divisions of Taxation, and Revenue and Enterprise Services, are committed to providing the best, modernized, and standardized return for these entities with privilege periods ending on or after July 31, 2022.
For tax years beginning on or after January 1, 2015, N.J.A.C. 18:7-11.19 requires tax preparers to file Corporation Business Tax (CBT) returns electronically. In addition, if the taxpayer instructs the tax preparer to make CBT payments, the preparer must do so electronically. For tax years beginning on or after January 1, 2016, all taxpayers and tax preparers must file CBT returns and make payments electronically. The mandate includes all CBT returns, estimated payments, extensions, and vouchers.
Combined Return Filers. The group must have a registered managerial member in order to make payments or file returns. Information on selecting and registering the managerial member is available on the Division’s website. Once registered, the managerial member will be assigned a Unitary ID number that must be used to submit returns and payments.
Electronic Filing and Payment Options
File an Extension (All CBT forms. Note: Combined Filers must submit the extension using the Unitary ID number assigned to the Managerial Member.)
File a Return
– Using our CBT Portal (Forms CBT-100 and CBT-100S only. CBT-100U Filers must file using third-party software.)
– Using Software (All CBT forms. Software developers are approved for the forms indicated and the page is updated as providers and forms are approved.)
Make a Payment (All CBT forms. Note: Combined Filers must submit payments using the Unitary ID number assigned to the Managerial Member.)
The version of the forms that are available on the Division of Taxation's Web site are for reference only.
Note: A new simplified standardized return for privilege periods ending on and after July 31, 2021, will replace Forms CBT-100, CBT-100U, and BFC-1 next year.More Information. For further information about the CBT e-file program, you may contact the Division of Revenue and Enterprise Services (DORES) at 609-292-8720. For online assistance regarding your business filing and tax/employer reporting questions.
Failure to comply with the electronic filing and payment mandate may result in penalties in accordance with N.J.S.A. 54:49-4.