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

  • Article Type:
  • Documentation
  • Last Modified:
  • 01/26/2023

Objectives

To learn about 2021 and 2022 Passthrough entity tax (PTET) topics for 1065 and 1120S returns using CCH Axcess™ Tax and CCH® ProSystem fx® Tax.

Environment

  • CCH Axcess
  • CCH® ProSystem fx Tax
  • CCH Axcess Tax
  • 1065
  • 1120S

Details

StateSystemLink to Article
Alabama1065
Arizona (WIP) How do I elect an Arizona partnership to pay passthrough tax at the entity level with a 1065 return using CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
Arkansas 
California1065 / 1120S
Colorado 
Georgia 
Hawaii Not yet proposed or enacted PTE taxes
Idaho1065 / 1120S
Illinois1065 / 1120S
Indiana SB 2 in committee
Iowa 
  • Added IA PTE-C Composite Return and Non Resident Member Schedule, as well as IA Schedule CC Composite Credits Schedule, and Schedule DE - Disregarded Entity Schedule
Kansas 
Kentucky HB 37 in committee
Louisiana 
Maine Not yet proposed or enacted PTE taxes
Maryland1065 / 1120S
Massachusetts1065 / 1120S
Michigan 
Minnesota1065
Missouri 
Montana Not yet proposed or enacted PTE taxes.
Nebraska Not yet proposed or enacted PTE taxes.
Nevada Not yet proposed or enacted PTE taxes.
New Hampshire No owner-level personal income tax on PTE Income.
New Jersey1065 / 1120S
New Mexico 
  • WIP
New York1065 / 1120S
North Carolina 
North Dakota Not yet proposed or enacted PTE taxes.
Oklahoma 
Oregon 
Pennsylvania Not yet proposed or enacted PTE taxes.
Rhode Island1065 / 1120
South Carolina1065 / 1120S
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 WIP
Virginia WIP
Vermont Proposed
Washington No owner-level personal income tax on PTE income
West Virginia Not yet proposed or enacted PTE taxes.
Wisconsin 
Wyoming No owner-level personal income tax on PTE income

 
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