Enter values into appropriate boxes on left side of screen; application will automatically calculate amounts to transfer to right side (right is a copy of PTR Income Categories page from PTR application booklet)
Two types of help available for this tool:
General Instructions – top left of screen
Instructions for each box (these will show if the Auto-Help checkbox (below) is checked)
The heading on each section on left tells you where to obtain the necessary info. Far left column tells you specific line numbers to reference
Always consult with taxpayer if unsure about specific info on tax return
If a Source document is not available in the Print package, then you may enter zero in that box
Column next to box where you enter data tells you line to which data will be transferred
Once you have entered a number in a box, hit enter or tab key to register the value
If you enter a value in certain boxes, the tool may add additional lines to request more information (e.g. – you enter Other Income, tool will then ask for a breakdown of Other Income, such as gambling winnings, recoveries, etc.)
If you are completing a PTR-1 application, choose the year you are working on at top left of screen
Once you have entered all required info, you can print a copy of the screen and manually copy the numbers to the actual PTR application page
You can change font size by clicking on Font buttons on top right of screen
... values will be calculated here[Copy into the PTR booklet.]
INCOME CATEGORIES
?TYC?
a.
Social Security Benefits (including Medicare Part B premiums) paid to or on behalf of applicant
b.
Pension and Retirement Benefits (including IRA and annuity income) See instructions for calculating amount
c.
Salaries Wages, Bonuses, Commissions, and Fees
d.
Unemployment Benefits
e.
Disability Benefits, whether public or private (including veterans’ and black lung benefits)
f.
Interest (taxable and exempt)
g.
Dividends
h.
Capital Gains
i.
Net Rental Income
j.
Net Profits From Business
k.
Net Distributive Share of Partnership Income
l.
Net Pro Rata Share of S Corporation Income
m.
Support Payments
n.
Inheritances, Bequests, and Death Benefits
o.
Royalties
p.
Gambling and Lottery Winnings (including New Jersey Lottery)
q.
All Other Income
Add Lines a-q. Is the amount $?MaxPTROK?* or less?
Amount for PTR
NJ PTR v0.0
Today: 00-00-0000
Disclaimer: This tool has not been officially authorized by the New Jersey Division of Taxation
(or anyone else, for that matter)
- Use at your own risk.