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New Jersey small business taxes: CBT rates and minimum tax, NJ-1065 fee, BAIT, sales tax and payroll dates
Every New Jersey tax and filing a small business deals with: Corporation Business Tax at 6.5% to 9% with a $500 to $2,000 minimum, the $150-per-partner NJ-1065 fee, the PTE/BAIT election, 6.625% sales tax and ST-50 dates, $75 annual report, and 2026 and 2027 payroll rates and wage bases.
Prepared by Aldro Accounting · Updated · Sources checked
The quick answer
New Jersey C corporations pay the Corporation Business Tax at 9%, or 7.5% with entire net income of $100,000 or less and 6.5% at $50,000 or less, with a minimum tax of $500 to $2,000 based on New Jersey gross receipts. Partnerships and multi-member LLCs file Form NJ-1065, and those with more than two owners may owe $150 per partner. Sales tax is 6.625%, reported quarterly on Form ST-50.
New Jersey business taxes at a glance
New Jersey business taxes run through the Division of Taxation, the Division of Revenue and Enterprise Services (DORES) for formation and annual reports, and the Department of Labor (NJDOL) for unemployment and disability contributions. A new business must register with the Division of Revenue at least 15 business days before opening.
Corporation Business Tax
The CBT rate is 9% on adjusted entire net income, or the part allocable to New Jersey. It's 7.5% for corporations with entire net income of $100,000 or less, and 6.5% at $50,000 or less.
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| Gross receipts | C corporation | S corporation |
|---|---|---|
| Less than $100,000 | $500 | $375 |
| $100,000 to under $250,000 | $750 | $562.50 |
| $250,000 to under $500,000 | $1,000 | $750 |
| $500,000 to under $1,000,000 | $1,500 | $1,125 |
| $1,000,000 or more | $2,000 | $1,500 |
Every corporation owes at least the minimum tax, set by New Jersey gross receipts. A member of an affiliated group with total payroll of $5,000,000 or more pays $2,000.
The CBT-100 is due the 15th day of the fourth month after the accounting period ends. A 6-month extension needs Form CBT-200T with the tentative tax paid by the original due date.
Partnerships and LLCs: NJ-1065 and the filing fee
Every partnership or LLC taxed as a partnership with income from New Jersey sources, or a New Jersey resident partner, files Form NJ-1065, due April 15 for calendar-year filers. Partnerships with more than two partners and New Jersey income or loss may owe a $150 filing fee per partner, up to $250,000, plus an installment payment toward next year.
A five-month extension is available if at least 80% of the fee is paid by the original due date. Partnerships with 10 or more partners must file electronically.
A partnership with nonresident partners also files Form NJ-CBT-1065 and pays tax on their shares: 6.37% for nonresident non-corporate partners and 9% for corporate partners. Its extension needs 90% of the tax paid by the original due date.
Pass-Through Business Alternative Income Tax (PTE/BAIT)
Partnerships, New Jersey S corporations and multi-member LLCs can elect BAIT if at least one member is liable for New Jersey Gross Income Tax on their share. Single-member LLCs and sole proprietorships can't elect.
For calendar-year filers, the election and Form PTE-100 are due March 15. Estimated payments on Form PTE-150 are required if BAIT exceeds $400, due April 15, June 15, September 15 and January 15. Form PTE-200-T gives 6 more months to file if 80% of the tax is paid by the original due date.
The Division's PTE page lists rates of 5.675% on the first $250,000, 6.52% from $250,000 to $1 million, 9.12% from $1 million to $5 million and 10.9% over $5 million.
Sales and use tax
New Jersey's sales tax is 6.625% on most tangible personal property, specified digital products and certain services unless exempt.
Every registered seller files Form ST-50 quarterly, due April 20, July 20, October 20 and January 20. A business that collected more than $30,000 in sales tax in the prior year also makes monthly payments by the 20th for the first two months of a quarter when that month's tax is more than $500.
Payroll: withholding, NJ-927 and contribution rates
New Jersey income tax withheld from wages is remitted electronically, weekly, monthly or quarterly, or annually. Employers with $10,000 or more of withholding in the prior year pay weekly, by the Wednesday after the week of the payday. Others use Form NJ-500 by the 15th of the next month whenever month 1 or 2 of a quarter reaches $500.
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| Item | 2026 | 2027 |
|---|---|---|
| Taxable wage base: UI, WF/SWF, employer TDI | $44,800 | $46,400 |
| Taxable wage base: worker TDI and FLI | $171,100 | $177,100 |
| Worker deduction: UI / DI / WF-SWF / FLI | 0.3825% / 0.19% / 0.0425% / 0.23% | 0.3825% / 0.24% / 0.0425% / 0.24% |
| New employer rate: UI / DI / WF-SWF / FLI (fiscal year from July 1) | 2.6825% / 0.50% / 0.1175% / 0% | Same for July 1, 2026 to June 30, 2027 |
Forms NJ-927 and WR-30 are due the 30th day of the month after each quarter, with no extension when that falls on a weekend or holiday. Form NJ-W-3 is due February 15. A business that pays wages of $1,000 or more in a calendar year may be subject to the Unemployment Compensation Law, and payroll records are kept for the current year and the four before it.
Late NJ-927s cost $10 a day for the first five days, then $10 a day or 25% of contributions due, whichever is less. WR-30 failures cost $5, $10, then $25 per employee for repeat failures within eight quarters.
Formation fees, annual report and penalties
DORES charges $100 for a certificate of incorporation, an LLC certificate of formation or a foreign certificate of authority or registration. The annual report is $75 for corporations, LPs and LLCs, with no expediting.
Late returns to the Division of Taxation cost 5% of the tax due per month, up to 25%, and the Division may also charge $100 a month. Interest runs at prime plus 3%. A bill sent to collection adds a Referral Cost Recovery Fee of 9.85% from June 15, 2026, down from 11%.
Aldro's flat yearly price covers every federal and state business return the business needs for the year, including the CBT-100, NJ-1065 and PTE-100. Our team prepares and files them. Sales-tax filing and payroll processing aren't included.
Worked example
A New Jersey LLC taxed as a partnership has four members and New Jersey income in 2026. It files Form NJ-1065 by April 15, 2027 and may owe the $150 filing fee for each of its four partners, $600, plus the installment payment toward next year. If it instead were a C corporation with $180,000 of New Jersey gross receipts and a small loss, it would still owe the $750 minimum tax.
Common questions
What is the New Jersey corporate tax rate?
9% generally, 7.5% with entire net income of $100,000 or less, and 6.5% at $50,000 or less, with a $500 to $2,000 minimum tax.
Does New Jersey charge a partnership filing fee?
Partnerships with more than two partners and New Jersey income or loss may owe $150 per partner, up to $250,000, on Form NJ-1065.
How much is the New Jersey LLC annual report?
$75, paid to the Division of Revenue and Enterprise Services. Formation is $100.
When are New Jersey sales tax returns due?
Form ST-50 is due April 20, July 20, October 20 and January 20.
Who can elect the New Jersey BAIT?
Partnerships, NJ S corporations and multi-member LLCs with at least one member subject to NJ Gross Income Tax. Single-member LLCs and sole proprietors can't.
What are New Jersey's 2026 payroll wage bases?
$44,800 for UI, WF/SWF and employer TDI, and $171,100 for worker TDI and FLI. In 2027 they rise to $46,400 and $177,100.
The cheapest way to get your business taxes done: $399 flat.
Business tax filing is $399 USD a year, and it covers everything tax for that year.
How it works
- Tell us about your business. A two-minute form. No payment is collected through it.
- Get your next steps by email. We’ll email you the next steps within one business day. After you sign up we’ll send you a secure upload link for your documents.
- We file it. Our team prepares and files your return. Add bookkeeping for $20 a month if you want it.
What's included
$399 a year covers everything tax for that tax year.
- Every business return for the year. All the federal and state or provincial business returns you need for the tax year: Schedule C, 1065, 1120-S, 1120 and their state returns in the US; T2, or T1 with T2125, in Canada.
- More than one state. Multi-state returns are included at the same price.
- Your personal return. The owner’s personal return (1040 or T1) is included when it’s needed for the business income.
- Quebec. Quebec returns (CO-17, TP-1 and TP-80) are included. Our Quebec pages are in French, and our team works with you in English.
- Extensions and reminders. Extensions (Form 7004 or 4868) and quarterly estimate reminders are included.
- Information returns. 1099-NEC, T4/T4A and T5018 slips are included in the tax price.
- City and excise returns. City and local business tax returns, and state excise returns such as Washington B&O, are included in the yearly price.
- Franchise tax reports. State franchise tax reports, such as the Texas franchise tax report, are included.
- Estimated tax and instalment amounts. We work out your quarterly estimated tax payments in the US, or your CRA instalments in Canada, and tell you what to pay and when.
- Unfiled past years. Each unfiled prior-year return is $399 per tax year, the same flat price.
- Bookkeeping at $20 a month. Unlimited bank and card accounts, monthly reconciliation and monthly statements.
Basic inventory tracking for online stores, such as Shopify, is included. Full cost-of-goods reconciliation is quoted separately. Payroll processing and sales-tax filing aren’t included in bookkeeping. Prices are in USD. Our team prepares and files your return.
Sources
- NJ DORES: Fees · checked October 31, 2026
- NJ Division of Taxation: Employer withholding (NJ-IT-31) · checked October 31, 2026
- NJ Division of Taxation: Pass-Through Business Alternative Income Tax Act · checked October 31, 2026
- NJ Division of Taxation: PTE/BAIT overview · checked October 31, 2026
- NJ Division of Taxation: Sales and use tax · checked October 31, 2026
- NJ Division of Taxation: Sales and use tax filing chart · checked October 31, 2026
- NJ Division of Taxation: Corporation filing responsibilities · checked October 31, 2026
- NJ Division of Taxation: Partnership filing notice · checked October 31, 2026
- NJ Division of Taxation: Penalties and interest · checked October 31, 2026
- NJDOL: Contribution rate information · checked October 31, 2026
- NJDOL: Employer accounts guide · checked October 31, 2026
- NJDOL: Employer handbook, taxes and wages · checked October 31, 2026
This guide explains general rules from the sources listed. It isn’t tax advice for your situation.