Name(s) as shown on Form NJ-1040 Social Security Number
Schedule NJ-BUS-1
New Jersey Gross Income Tax
2020
(Form NJ-1040) Business Income Summary Schedule
Part I
Net Prots From Business
List the net prot (loss) from business(es). See Instructions.
Business Name
Social Security Number/
Federal EIN
Prot or (Loss)
1.
2.
3.
4. Net Prot or (Loss). (Add lines 1, 2, and 3.) (Enter here and on
line 18, NJ-1040. If loss, make no entry on line 18.)
4.
Part II
Distributive Share of Partnership Income
List the distributive share of income (loss)
from partnership(s). See instructions.
Partnership Name Federal EIN
Share of Partnership
Income or (Loss)
1.
2.
3.
4. Distributive Share of Partnership Income or (Loss).
(Add lines 1, 2, and 3.) (Enter here and on line 21, NJ-1040.
If loss, make no entry on line 21.)
4.
Part III
Net Pro Rata Share of S Corporation Income
List the pro rata share of income (usable
loss) from S corporation(s). See instructions.
S Corporation Name Federal EIN
Pro Rata Share of S Corporation
Income or (Usable Loss)
1.
2.
3.
4. Net Pro Rata Share of S Corporation Income or (Usable Loss).
(Add lines 1, 2, and 3.) (Enter here and on line 22, NJ-1040.
If loss, make no entry on line 22.)
4.
Part IV
Net Gains or Income
From Rents, Royalties,
Patents, and Copyrights
List the net gains or net income, less net loss, derived from or in the
form of rents, royalties, patents, and copyrights. See instructions. Type
of Property:
1 – Rental real estate 2 – Royalties 3 – Patents 4 – Copyrights
Source of Income or Loss. If rental real estate,
enter physical address of property.
Social Security Number/
Federal EIN
Type – Enter
number from
list above
Income or (Loss)
1.
2.
3.
4. Net Income or (Loss). (Add lines 1, 2, and 3.)
(Enter here and on line 23, NJ-1040. If loss, make no entry on line 23.)
4.
Keep a copy of this schedule for your records
