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In accordance with the New Jersey Taxpayer Assistance division, Form CBT-100S, Schedule K, Part IV-A, line 4 includes the following M2 adjustments only:

• Charitable contributions
• Portfolio deductions
• Other deductions
• Investment interest expense
• Foreign taxes
• Section 59(e) expense
• Jobs credit
• Tax-exempt expenses

These items can now be coded in Screen NJK1, in the New Jersey other reductions statement dialog.

Related topic: 1120 New Jersey frequently asked questions

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