Article: 50345

Overview

This screen is used to claim a credit for Kentucky pass-through entity tax paid on the taxpayer’s or spouse‘s distributive share income.

To complete the form, enter the following information about the pass-through entity:

• – FEIN
• – LLET account number (if applicable)
• – Name and address (including ZIP, city, and state)

You must also provide:

• The partner’s, member’s, or shareholder‘s ID
• Use the SSN only if different from the one already entered on the Name & Address page
• A FEIN may be used if the taxpayer is a business entity
• The distributive share of income subject to tax
• The amount of credit claimed for taxes paid by the entity on the taxpayer’s behalf

Select whether the form applies to the taxpayer or spouse. If the credit applies to both, separate entries must be completed.

You may also mark the return as Amended, if applicable.

How to Add Screen PTE-CR

1. Go to the State taxes section.
2. Select I’d like to see the forms I’ve filled out or search for a form.
3. In the drop list, select Kentucky.
4. Select the Credits tab.
5. Select PTE-CR – Pass-Through Entity Tax on Distributive Share Income to add and open the form.
6. Complete the screen.
7. Click Save to apply changes.

Further Information

Visit the Kentucky Department of Revenue – Individual Income Tax page for more details:
https://revenue.ky.gov/Individual/Individual-Income-Tax/Pages/default.aspx