Form BFC-200-T "Tentative Return and Application for Extension of Time to File the New Jersey Banking and Financial Corporation Tax Return (Form Bfc-1)" - New Jersey

What Is Form BFC-200-T?

This is a legal form that was released by the New Jersey Department of the Treasury - a government authority operating within New Jersey. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on December 1, 2014;
  • The latest edition provided by the New Jersey Department of the Treasury;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;

Download a fillable version of Form BFC-200-T by clicking the link below or browse more documents and templates provided by the New Jersey Department of the Treasury.

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Download Form BFC-200-T "Tentative Return and Application for Extension of Time to File the New Jersey Banking and Financial Corporation Tax Return (Form Bfc-1)" - New Jersey

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BFC-200-T
State of New Jersey
12-14
TENTATIVE RETURN AND APPLICATION FOR EXTENSION OF TIME TO FILE
THE NEW JERSEY BANKING AND FINANCIAL CORPORATION
TAX RETURN (FORM BFC-1)
(See instructions on reverse side. Type or print the requested information.)
For accounting period beginning ____________________, ___________ and ending ____________________, ___________
Corporation Name
Federal Employer Identification Number
Mailing Address
NJ Corporation Number
City
State
Zip Code
State and Date of Incorporation
¨
¨
CHECK ONE:
Banking Corporation
Financial Corporation
APPLICATION IS HEREBY MADE FOR AN AUTOMATIC EXTENSION OF FIVE (5) MONTHS FOR FILING THE COMPLETED
RETURN OF THE ABOVE CORPORATION UNDER THE CORPORATION BUSINESS TAX ACT (N.J.S.A. 54:10A-1 et seq.)
Remittance to cover the full amount of the net balance due, as per computation below, must accompany this application.
No extension will be granted in the absence of such remittance.
COMPUTATION OF TENTATIVE TAX
1. Estimated BFC-1 Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
2. Installment Payment (50% of line 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
3. Key Corporation AMA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
4. Tentative Professional Corporation Fee (See Schedule PC Instructions) . . . . . . . . . . . . .
4
5. Installment Payment for PC Fee (50% of Line 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
6. Total Tax and Fee Due (Total of Lines 1 to 5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
7. Less: Payments Made to Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
8. Balance Due (Line 6 minus Line 7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
WARNING: Penalties may be assessed for underestimation of tax.
Remittance should be made payable to “State of New Jersey-BFC” and forwarded with this return to:
Division of Taxation - BFC, Revenue Processing Center, PO Box 247, Trenton, NJ 08646-0247
SIGNATURE AND VERIFICATION
I declare under the penalties of perjury that I have been authorized by the above-named corporation to make this application and that to the
best of my knowledge and belief the statements made herein are true and correct.
______________________________________________________________________________________________________________
(Date)
(Signature of Duly Authorized Officer of Taxpayer)
(Title)
______________________________________________________________________________________________________________
(Date)
(Tax Preparer’s Signature)
(Address)
(Preparer’s I.D. Number)
______________________________________________________________________________________________________________
(Name of Tax Preparer’s Employer)
(Address)
(Employer’s I.D. Number)
BFC-200-T
State of New Jersey
12-14
TENTATIVE RETURN AND APPLICATION FOR EXTENSION OF TIME TO FILE
THE NEW JERSEY BANKING AND FINANCIAL CORPORATION
TAX RETURN (FORM BFC-1)
(See instructions on reverse side. Type or print the requested information.)
For accounting period beginning ____________________, ___________ and ending ____________________, ___________
Corporation Name
Federal Employer Identification Number
Mailing Address
NJ Corporation Number
City
State
Zip Code
State and Date of Incorporation
¨
¨
CHECK ONE:
Banking Corporation
Financial Corporation
APPLICATION IS HEREBY MADE FOR AN AUTOMATIC EXTENSION OF FIVE (5) MONTHS FOR FILING THE COMPLETED
RETURN OF THE ABOVE CORPORATION UNDER THE CORPORATION BUSINESS TAX ACT (N.J.S.A. 54:10A-1 et seq.)
Remittance to cover the full amount of the net balance due, as per computation below, must accompany this application.
No extension will be granted in the absence of such remittance.
COMPUTATION OF TENTATIVE TAX
1. Estimated BFC-1 Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
2. Installment Payment (50% of line 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
3. Key Corporation AMA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
4. Tentative Professional Corporation Fee (See Schedule PC Instructions) . . . . . . . . . . . . .
4
5. Installment Payment for PC Fee (50% of Line 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
6. Total Tax and Fee Due (Total of Lines 1 to 5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
7. Less: Payments Made to Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
8. Balance Due (Line 6 minus Line 7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
WARNING: Penalties may be assessed for underestimation of tax.
Remittance should be made payable to “State of New Jersey-BFC” and forwarded with this return to:
Division of Taxation - BFC, Revenue Processing Center, PO Box 247, Trenton, NJ 08646-0247
SIGNATURE AND VERIFICATION
I declare under the penalties of perjury that I have been authorized by the above-named corporation to make this application and that to the
best of my knowledge and belief the statements made herein are true and correct.
______________________________________________________________________________________________________________
(Date)
(Signature of Duly Authorized Officer of Taxpayer)
(Title)
______________________________________________________________________________________________________________
(Date)
(Tax Preparer’s Signature)
(Address)
(Preparer’s I.D. Number)
______________________________________________________________________________________________________________
(Name of Tax Preparer’s Employer)
(Address)
(Employer’s I.D. Number)
BFC-200-T
Page 2
12-14
INSTRUCTIONS
EXTENSION OF TIME TO FILE RETURN:
1.
AUTOMATIC EXTENSION - Where a tentative return and tax payment are timely and properly filed, it is
the policy of the Division of Taxation to grant an extension of no more than five (5) months for filing the
BFC-1.
The return must include the computation of the tax liabilities on lines 1 and 2, and, if applicable, the Key
Corporation AMA payments on line 3 and the Tentative Professional Fees on Lines 4 and 5. The com-
pleted BFC-200-T must be submitted with payment of the total amount due as reflected on Line 8. The
application must be postmarked on or before the original due date of the tax return.
2.
Request for extension of time for filing a return must be signed by an officer of the corporation, an accoun-
tant authorized to prepare this return, or any duly authorized agent of the taxpayer. Tax preparers who
fail to sign the return and provide their assigned tax identification number shall be liable for a $25 penal-
ty for each such failure. If the tax preparer is not self-employed, the name of the tax preparer’s employ-
er and the employer’s tax identification number should also be provided.
3.
Where a request for extension is duly made, it will be granted by the Division. Approved extensions will
not be confirmed in writing.
4.
MINIMUM TAX:See instruction 11(b) of the BFC-1.
5.
INSTALLMENT PAYMENT - Any taxpayer with a tax liability of $500 at Line 1, may make a payment of
50% of Line 1 in lieu of making the installment payments. Any taxpayer with Professional Corporation Fee
liabilities at Line 5 must pay an installment payment of 50% of Line 5.
6.
PENALTIES AND INTEREST - see instruction 7(f) of the BFC-1.
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