Knowledge Base Solution - Passthrough entity tax (PTET) topics for 1065 and 1120S returns using CCH Axcess™ Tax and CCH® ProSystem fx® Tax.

Passthrough entity tax (PTET) topics for 1065 and 1120S returns using CCH Axcess™ Tax and CCH® ProSystem fx® Tax.

Article Type:
Documentation
Last Modified:
03/29/2024

Objectives

To learn about Passthrough entity tax (PTET) topics for 1065 and 1120S returns using CCH Axcess™ Tax and CCH® ProSystem fx® Tax.

Environment

CCH® ProSystem fx® Tax
CCH Axcess™ Tax
Partnership – 1065
S Corporation – 1120S
State And Local Tax – SALT
Pass-through Entity Tax – PTET

Details

Important 2023 Software Information

All state PTET return generation has been centralized to Federal > Common State/City > State PTE Generation Worksheet (Interview Form PTE-ST1). See State Worksheets and Interview Forms for additional PTET input.

State	System	Link to Article
Alabama	1065 / 1120S	Alabama Passthrough Entity Tax topics with 1065 and 1120S return types using CCH® ProSystem fx® Tax and CCH Axcess™ Tax.
Arizona	1065 / 1120S	Arizona Passthrough Entity Tax topics with 1065 and 1120S return types using CCH® ProSystem fx® Tax and CCH Axcess™ Tax.
Arkansas	1065	Arkansas PET (Pass-Through Entity Tax) AR1100PET - 1065 - Tax Year 2022 How do I prepare Arkansas passthrough entity tax AR1100PET with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Arkansas	1120S	Arkansas PET (Pass-Through Entity Tax) AR1100PET - 1120S - Tax Year 2022
California	1065 / 1120S	Common questions and answers regarding California Passthrough Entity Tax (PTE) Information for 1120S returns CCH Axcess™ Tax and CCH® ProSystem fx® Tax: California 3804 and 3893 Passthrough Entity Tax (PTET) topics for Partnership and S Corporation returns.
Colorado	1065 / 1120S	Colorado State and Local Tax (SALT) Parity topics with 1065 and 1120S returns using CCH® ProSystem fx® Tax and CCH Axcess™ Tax.
Connecticut	1065 / 1120S	Common Questions regarding Connecticut Pass-Through Entity Tax Return (PTE) Information with 1065 and 1120S returns using CCH® ProSystem fx® Tax and CCH Axcess™ Tax.
Delaware		Not yet proposed or enacted PTE taxes
District of Columbia (DC)		Not yet proposed or enacted PTE taxes
Georgia	QA	Georgia-PTE-Election-2022-Questions-and-Answers?
Georgia	1065	How do I elect a Georgia Form 700 partnership to pay pass through tax at the entity level with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Hawaii		How do I prepare Hawaii Schedule PTE with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax? How do I prepare Hawaii Schedule PTE with an 1120S return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Idaho	1065	Idaho Form 65 Affected Business Entity Election (ABE) - 1065 - Tax Year 2021-2023 How do I prepare Idaho PTE-NROA with a 1065 return using worksheet view in CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Idaho	1120S	Idaho Form 41S Affected Business Entity Election (ABE) - 1120S - Tax Year 2022 How do I prepare Idaho PTE-NROA, PTE-01, PTE12 in an 1120S return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax worksheet view?
Illinois	1065 / 1120S	Illinois Passthrough Entity Tax topics with a 1065 and 1120S return type using CCH® ProSystem fx® Tax and CCH Axcess™ Tax.
Indiana	Documentation	Indiana Senate Bill 2 (SB2) Pass-Through Entity Tax - PTE
	1065	Common questions and answers regarding Indiana pass-through entity tax with a 1065 return type using CCH® ProSystem fx® Tax and CCH Axcess™ Tax. How do I prepare Indiana Schedule PTET with a 1065 return type using 2023 CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
	1120S	Common questions and answers regarding Indiana pass-through entity tax with an 1120S return type using CCH® ProSystem fx® Tax and CCH Axcess™ Tax. How do I prepare Indiana Schedule PTET with an 1120S return type using 2023 CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Iowa	1065 / 1120S	How do I prepare Iowa IA-1065 election to be a taxed partnership with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax? How do I prepare Iowa IA 1120S election to be a taxed S Corporation with an 1120S return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Kansas	1065	Kansas K-120S Pass Through Entity Tax information - 1065 - Tax Year 2022 How do I elect Kansas K-120S to be subject to tax with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Kansas	1120S	Kansas K-120S Pass Through Entity Tax information - 1120S - Tax Year 2022
Kentucky	1065 / 1120S	How do I prepare Kentucky Form 740-PTET and PTET-CR with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax? How do I prepare Kentucky Form 740-PTET and PTET-CR with an 1120S return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Louisiana	1065	How do I elect Pass-Through Entity Tax with Louisiana in a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax? How do I generate Louisiana Form R-6981 and R-6982 with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Maine		ME - LD 1891 introduced
Maryland	1065 / 1120S	Maryland Form 511 in a 1065 and 1120S return using CCH Axcess™ Tax and CCH® ProSystem fx® Tax.
Massachusetts	1065	MA Form 63D-ELT, Entity Level Tax How do I generate Massachusetts Form 63D-ELT and M-63D-EXT in a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Massachusetts	1120S	How do I generate Massachusetts Form 63D-ELT and M-63D-EXT in an 1120S return using CCH® ProSystem fx® Tax interview view? How do I generate Massachusetts Form 63D-ELT and M-63D-EXT in an 1120S return using CCH® ProSystem fx® Tax or CCH Axcess™ Tax in worksheet view?
Michigan	1065	Can I prepare Michigan Flow Through Entity Annual Return in a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Minnesota	QA	Minnesota Passthrough Entity Tax Schedule PTE - 1065 - Tax Year 2022 Minnesota Passthrough Entity Tax Schedule PTE - 1120S - Tax Year 2022
Minnesota	1065 / 1120S	How do I prepare Minnesota Sch PTE in a 1065 and 1120S return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax? Qualifying partner entity types for preparation of Oregon OR-21 - Pass-through Entity Elective Tax return with a 1065 return type using CCH® ProSystem fx® Tax and CCH Axcess™ Tax.
Mississippi	1065 / 1120S	Common Questions regarding Mississippi Pass-through Entity Election with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax. How do I elect Mississippi Form 84-105 pass-through entity tax with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax? How do I elect Mississippi Form 84-105 pass-through entity tax with a 1065 return using interview forms in CCH® ProSystem fx® Tax?
Mississippi	1065 / 1120S	Common Questions regarding Mississippi Pass-through Entity Election with an 1120S return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax.
Missouri	QA	Missouri PTET Information - 1065 - Tax Year 2022 Missouri PTET Information - 1120S - Tax Year 2022
Missouri	1065 / 1120S	How do I prepare Missouri Form MO-PTE with a 1065 and 1120S return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Montana		How do I prepare a taxed Montana Form PTE with a 1065 return type using CCH® ProSystem fx® Tax and CCH Axcess™ Tax? How do I prepare a taxed Montana Form PTE with an 1120S return type using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Nebraska		Effective 2023 - LEGISLATIVE BILL 754
Nevada		Not yet proposed or enacted PTE taxes.
New Hampshire		No owner-level personal income tax on PTE Income.
New Jersey	1065 / 1120S	New Jersey Pass-Through Entity Tax topics with 1065 and 1120S returns using CCH® ProSystem fx® Tax and CCH Axcess™ Tax.
New Mexico	1065	New Mexico PTE - 1065 - Tax Year 2022 New Mexico RPD-41367 - 1065 - Tax Year 2022 How do I prepare New Mexico Entity Level Tax with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
New Mexico	1120S	New Mexico S-Corp Sub-Chapter S Corporate Income and Franchise Tax return - 1120S - Tax Year 2022 New Mexico RPD-41367 - 1120S - Tax Year 2022
New York	1065 / 1120S / 1040 / 1041	New York Passthrough Entity Tax (PTET) topics for Partnership, S Corporation, Individual and Fiduciary returns in CCH Axcess™ Tax and CCH® ProSystem fx® Tax.
New York City	1065	Common questions and answers regarding New York City PTE with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax. How do I prepare New York City PTE Wkst - Computation of Pass Through Entity Taxable Income with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
New York City	1120S	How do I prepare the New York City PTE Credit calculation with an 1120S return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax? Common questions and answers regarding New York State and New York City pass-through entity tax with an 1120S return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax.
North Carolina	1065	Common questions and answers regarding North Carolina Taxed Partnership with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax. How do I elect North Carolina to be a taxed partnership with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
North Carolina	1120S	How do I elect North Carolina CD-401S, pg 1, to be a taxed S Corporation with an 1120S return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
North Dakota		Not yet proposed or enacted PTE taxes.
Ohio	1065 / 1120S	Ohio Pass-Through Entity Tax topics with 1065 and 1120S returns using CCH® ProSystem fx® Tax and CCH Axcess™ Tax.
Oklahoma	1065	Oklahoma Form 586/587-PTE Information - 1065 - Tax Year 2022 How do I generate Oklahoma Form 587-PTE in a 1065 return using CCH Prosystem fx Tax and CCH Axcess Tax worksheet view?
Oklahoma	1120S	Oklahoma PTE Information - 1120S - Tax Year 2022 How do I generate Oklahoma Form 587-PTE in an 1120S return using interview forms?
Oregon	1065	Oregon state Passthrough Entity Tax Q/A - 1065 - Tax Year 2022 How do I prepare Oregon passthrough entity tax with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax? Qualifying partner entity types for preparation of Oregon OR-21 - Pass-through Entity Elective Tax return with a 1065 return type using CCH® ProSystem fx® Tax and CCH Axcess™ Tax.
Oregon	1120S	Oregon state Passthrough Entity Tax Q/A - 1120S - Tax Year 2022
Pennsylvania		PA – SB 659 and HB 1584 introduced
Rhode Island	1065	Common questions and answers regarding Rhode Island with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax. How do I generate Rhode Island form RI-PTE in a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax worksheet view? How do I generate Rhode Island form RI-PTE in a 1065 return using CCH® ProSystem fx® Tax interview view?
Rhode Island	1120S	How do I generate Rhode Island form RI-PTE in an 1120S return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax worksheet view? How do I generate Rhode Island form RI-PTE in an 1120S return using CCH® ProSystem fx® Tax interview view?
South Carolina	1065	South Carolina PTE Information - 1065 - Tax Year 2022 How do I elect to prepare South Carolina I-435 - Active Trade or Business Income Election with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
South Carolina	1120S	South Carolina SC I-435 Information - 1120S - Tax Year 2022 How do I elect to prepare South Carolina I-435 - Active Trade or Business Income Election with an 1120S return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
South Dakota		No owner-level personal income tax on PTE income
Tennessee		No owner-level personal income tax on PTE income
Texas		No owner-level personal income tax on PTE income
Utah		Can I prepare tax year 2022 Utah passthrough entity tax with a partnership 1065 or S corporation 1120S return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Virginia	1065 / 1120S	Common questions and answers regarding Virginia Form 502PTET with an 1120S and 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax. How do I prepare Virginia 502PTET with a 1065 using CCH® ProSystem fx® Tax and CCH Axcess™ Tax? How do I prepare Virginia 502PTET with an 1120S using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Vermont		HB61 /SB45 passed Senate, in House
Washington		No owner-level personal income tax on PTE income
West Virginia		Common Questions and answers regarding West Virginia Passthrough Entity Tax (PTE) with a 1065 and 1120S return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax.
Wisconsin	1065	Wisconsin Entity-Level Tax - 1065 - Tax Year 2022 How do I generate Wisconsin Schedule 3-ET with a 1065 return using worksheet view in CCH® ProSystem fx® Tax and CCH Axcess™ Tax? How do I generate Wisconsin Schedule 3-ET with a 1065 return using interview forms in CCH® ProSystem fx® Tax?
Wisconsin	1120S	Wisconsin Entity-Level Tax - 1120S - Tax Year 2022
Wyoming		No owner-level personal income tax on PTE income

Additional Information

Solution Id	000154482/000138608
Direct Link

Tax, Accounting, & Audit Support

Passthrough entity tax (PTET) topics for 1065 and 1120S returns using CCH Axcess™ Tax and CCH® ProSystem fx® Tax.

Objectives

Environment

Details

Additional Information