What is a CBT 2553?
What is a CBT 2553? 1. Purpose - A corporation must file form CBT-2553 to elect to be treated as a New Jersey S corporation or a New Jersey QSSS or to report a change in shareholders. Does NJ accept federal S Corp elections? NJ Revenue Corporations may elect to register in New Jersey as a Sub-Chapter S corporation. Since the S corporation status for federal purposes does not automatically flow through for New Jersey state purposes, you must apply for S corporation status in this state and receive approval of the election. What is NJ CBT tax? New Jersey...