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New Jersey Statutes Annotated (Tax)

N.J.S.A. § 54:50-52

Tax refund, credit claims, federal adjustments

Official textlis.njleg.state.nj.uslast amended

11. Claims for Refund or Credits of Tax Arising from Final Federal Adjustments Made by the IRS

a. Except for final federal adjustments required to be reported for federal purposes in the partnership return for the adjustment year, a taxpayer may file a claim for refund or credit of tax arising from federal adjustments made by the Internal Revenue Service on or before the later of:

# (1)

The expiration of the last day for filing a claim for refund or credit of New Jersey tax, including any extensions; or

# (2)

One year from the date a Federal Adjustments Report prescribed in section 7 or 8 of P.L.2022, c.133 (C.54:50-48 or C.54:50-49), as applicable, was due to the division, including any extensions pursuant to this section.

b. The Federal Adjustments Report shall serve as the means for the taxpayer to report additional tax due, report a claim for refund or credit of tax, and make other adjustments, including to its net operating losses, resulting from adjustments to the taxpayer's federal taxable income.

L.2022, s.133, s.11.

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In this chapter (40 sections)
  1. 54:50-9.1 · Report to aid study of past, present discrimination in…
  2. 54:50-10. · Reports preserved for two years
  3. 54:50-13. · Merger, consolidations; dissolutions; conditions
  4. 54:50-14. · Certificates, various; Secretary of State's duties
  5. 54:50-19. · Repeals
  6. 54:50-20. · Tax preparer to sign return, provide tax identification…
  7. 54:50-21. · Failure to follow provisions of State Tax Uniform Procedure…
  8. 54:50-22. · Reproduction admissible in evidence
  9. 54:50-23. · Write off of debts classified uncollectible
  10. 54:50-24 · Definitions relative to State agency information
  11. 54:50-25. · Information required by State agency
  12. 54:50-26 · Information furnished by State agency
  13. 54:50-26.1 · Preliminary notice to business entity
  14. 54:50-26.2 · Responsibility of State agency concerning identification…
  15. 54:50-26.3 · Review, verification of tax compliance status
  16. 54:50-27 · Information, report not government record, confidentiality
  17. 54:50-28 · Issuance of alcoholic beverage retail licensee clearance…
  18. 54:50-29 · Authority to sell, transfer, assign right, title, interest…
  19. 54:50-30 · Sale, transfer, assignment to highest bidder
  20. 54:50-31 · Entitlement to remedies
  21. 54:50-32 · Provision of taxpayer information, confidentiality
  22. 54:50-33 · Warrant of satisfaction
  23. 54:50-34 · Deposit of proceeds
  24. 54:50-35 · Authority of director
  25. 54:50-36 · Immunity from damages
  26. 54:50-37 · Definitions relative to reporting of certain account…
  27. 54:50-38 · Notification to director of proposed sale, transfer,…
  28. 54:50-39 · Tax clearance certificate required for certain awards;…
  29. 54:50-41. · Out-of-State businesses and employees performing disaster…
  30. 54:50-42. · Payment of State and local transaction taxes, fees;…
  31. 54:50-44. · Written statement of out-of-State business
  32. 54:50-45. · Compliance with registration, licensing, and filing…
  33. 54:50-46. · Rules, regulations
  34. 54:50-47 · Definitions
  35. 54:50-48 · Adjustment reports, federal taxable income, general
  36. 54:50-49 · Adjustment reports, partnership-level audit, administrative…
  37. 54:50-50 · Assessment, additional tax, interest, penalties
  38. 54:50-51 · Estimated payments, pending audit
  39. 54:50-52 · Tax refund, credit claims, federal adjustments
  40. 54:50-53 · Adjustments after expiration, time extension
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