Article: 50530

Overview 

If you are a partner in a partnership that does business in New Jersey, you may receive a Schedule NJK-1 (Form NJ-1065), which reports your share of income, loss, and other tax information allocated to you from the partnership. This information must be included in your Form NJ-1040 if you are a resident, or Form NJ-1040NR if you are a nonresident. 

Who Should Complete This Form? 

You should complete this section of your return if: 

• You received a Schedule NJK-1 from a New Jersey partnership, and 

• That K-1 reports New Jersey-source income, loss, or tax paid on your behalf, and 

• You are a resident, nonresident, or part-year resident of New Jersey required to file a state return. 

Note: Do not confuse this form with the federal Schedule K-1 (IRS Form 1065)—New Jersey requires state-specific reporting using Form NJ-1065 K-1. 

How to Report 

1. Navigate to the State Taxes section on the left-hand side of the screen. 

2. Click the link: I’d like to see the forms I’ve filled out or search for a form. 

3. In the dropdown menu, select New Jersey. 

4. Click on the General tab. 

5. Select 1065 K1 – Partner’s Share of Income/Loss to open the screen. 

6. Enter all required information.  

7. Click Save once complete. 

Additional Resources 

For further guidance, see: 2024 New Jersey Form NJ-1040 Instructions (PDF)