LLC fees in New Jersey
$100
Are LLC Fees Tax Deductible in New Jersey?
Short answer: Yes, as a business expense: New Jersey charges $100 to form an LLC; ongoing: $75 annual report. Formation fee reduced from $125 effective July 1, 2026 (P.L. 2026, c.24). Annual report due by end of the anniversary month.
Annual report fees and state LLC taxes are ordinary business expenses (IRC §162). Formation fees are organizational costs: deduct up to $5,000 the first year and amortize the rest over 15 years (IRC §195, §709).
Records to keep: Keep the state filing receipt, proof of payment, and your LLC's formation and annual report confirmations.
LLC fees in New Jersey
$100
General Business
Yes, as a business expense: New Jersey charges $100 to form an LLC; ongoing: $75 annual report. Formation fee reduced from $125 effective July 1, 2026 (P.L. 2026, c.24). Annual report due by end of the anniversary month.
Business justification
Yes, as a business expense: New Jersey charges $100 to form an LLC; ongoing: $75 annual report. Formation fee reduced from $125 effective July 1, 2026 (P.L. 2026, c.24). Annual report due by end of the anniversary month. Annual report fees and state LLC taxes are ordinary business expenses (IRC §162). Formation fees are organizational costs: deduct up to $5,000 the first year and amortize the rest over 15 years (IRC §195, §709).
Category
- Tax Write-Off Rules