Article: 50273

Overview

From 2021–2025, qualifying pass-through entities (PTEs) can elect to pay CA state tax at the entity level.

Eligible taxpayers receive a credit for their share of the tax, which reduces their personal CA income tax.

Add PTE Elective Tax Credit

To add the PTE Elective Tax Credit:

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 California.
4. Select the Credits tab.
5. Select Pass-Through Entity Elective Tax Credit to add and open the form.
6. Complete the form with your applicable information.
7. Click Save to apply changes.

Further Information

See ftb.ca.gov for more information.