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    sunshinemr's Avatar
    sunshinemr Posts: 4, Reputation: 1
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    #1

    Mar 23, 2007, 06:15 PM
    NJ taxation on a NY LLC
    In 2006 our landscaping business formed an LLC in NY. All of our equipment and supplies are maintained in NY. We only have 2 (individuals) members and both of us are NY residents. We have no employees. We do business in NY, NYC and NJ. We are registered sales tax vendors in NY and NJ. Besides the NJ sales tax returns does the LLC need to file a NJ Partnership return (NJ-1065)?

    I called the NJ help line and they told me no. :confused: Which I find hard to believe after reading the Instructions for NJ-1065. Thanks for your help.
    sunshinemr's Avatar
    sunshinemr Posts: 4, Reputation: 1
    New Member
     
    #2

    Mar 26, 2007, 03:32 PM
    Quote Originally Posted by sunshinemr
    In 2006 our landscaping business formed an LLC in NY. All of our equipment and supplies are maintained in NY. We only have 2 (individuals) members and both of us are NY residents. We have no employees. We do business in NY, NYC and NJ. We are registered sales tax vendors in NY and NJ. Besides the NJ sales tax returns does the LLC need to file a NJ Partnership return (NJ-1065)?

    I called the NJ help line and they told me no. :confused: Which I find hard to believe after reading the Instructions for NJ-1065. Thanks for your help.
    I'm calling NJ Taxation again. I just can't believe that a NJ return is not required. I'll post the anwer they give me.
    sunshinemr's Avatar
    sunshinemr Posts: 4, Reputation: 1
    New Member
     
    #3

    Mar 29, 2007, 11:03 AM
    I called NJ again. They told me that the LLC was not fully registered in NJ as a Foreign LLC. Therefore the 1st person I talked told me that no forms were required. I still find the whole situation odd.

    I’m going to file NJ-1065 and NJ-1080C. Unless anyone out there thinks this is wrong…..
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #4

    Mar 30, 2007, 12:10 PM
    If you are a partnership, file the appropriate partnership returns in whichever states you do business. The LLC is a legal entity designed to shield personal assets; it has virtually no effect on the tax return.

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