Not Eligible for NJ E-Filing due to the limit of 1000 entries on Schedule B

Forum|Forum|4 years ago
March 28, 2022
1 reply
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Hi,

TurboTax warns the ineligibility for e-filing NJ tax return for the following reason:

Reason for e-file ineligibility:

Returns with more than one-thousand entries on Schedule B are not eligible for electronic filing.

These rules are set by the New Jersey Division of Taxation.

This is to my surprise as this should have NOTHING to do with Schedule B as TurboTax rejects NJ e-filing ONLY AFTER importing Robinhood 1099-B. What can be affected is likely Form 8949 and NJ-DOP. Nonetheless, it does not make sense if there are indeed so many entries to process in paper forms. One can imagine it can be very common for day traders.

So could you please indicate the source of the rules that explicitly specifies the hard limit of 1000 entries?

There seems like no mentioning of the limitation in the official instructions/FAQ:

https://www.njportal.com/Taxation/NJ1040/Content/Docs/Instructions/Current_NJ1040Instructions.pdf

https://www.state.nj.us/treasury/revenue/elf1i.shtml

https://appengine.egov.com/apps/nj/dor/1040faq

TurboTax Premier Online

AmyC

Yes, NJ limits the filing. NJ 1040 and NJ 1041 E-File Mandate FAQ - NJ.gov under Miscellaneous states: Does e-file support multiple entries on NJ Schedule NJ-DOP, Net Gains or Income from Disposition of Property? (Schedule B for Tax Years 2017 and prior)?

Tax preparers who complete Schedule NJ-DOP for a client using e-file software or New Jersey Online Income Tax Filling may choose to enter one line of information that summarizes all of their client's transactions. Simply enter "various" or "see attached" to describe the kind of property and enter the sum of all transactions in the appropriate fields. The tax preparer must keep a copy of the attachments in their files.

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