Form 319 Corporation Business Tax - Urban Transit Hub Tax Credit - New Jersey

What Is Form 319?

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.

FAQ

Q: What is Form 319?
A: Form 319 is a form used for reporting the Corporation Business Tax - Urban Transit Hub Tax Credit in New Jersey.

Q: What is the Corporation Business Tax?
A: The Corporation Business Tax is a tax imposed on corporations in New Jersey.

Q: What is the Urban Transit Hub Tax Credit?
A: The Urban Transit Hub Tax Credit is a tax credit available to qualified businesses in urban transit hubs in New Jersey.

Q: Who is eligible for the Urban Transit Hub Tax Credit?
A: Businesses that meet certain criteria and are located in designated urban transit hubs in New Jersey may be eligible for the tax credit.

Q: How is the Urban Transit Hub Tax Credit calculated?
A: The tax credit is calculated based on the qualified investment made by the business in the urban transit hub.

Q: When is the deadline for filing Form 319?
A: The deadline for filing Form 319 is typically March 15th of the following year.

Q: Are there any penalties for late filing of Form 319?
A: Yes, penalties may apply for late filing or failure to file Form 319.

Q: Can I claim the Urban Transit Hub Tax Credit if I am not a corporation?
A: No, the tax credit is only available to corporations subject to the Corporation Business Tax in New Jersey.

Q: What supporting documents do I need to attach to Form 319?
A: You may need to attach documentation related to your qualified investment in the urban transit hub, as specified on the form instructions.