Question
Unable to Calculate New Jersey PTE
I am in ProConnect trying to figure out how to calculate / apply the NJ PTE tax.
I understand NJ requires form PTE-100 to complete.
I see the "Distributive Proceeds" flowing to the PTE-100, but no tax is being calculated / applied.
Does it get manually entered, or does it flow automatically after entering the Distributive Proceeds?
I also understand there is a separate election / form that needs to be filed with the state.
