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Level 1
April 2, 2024
Question

How do you enter PTET on montana return

  • April 2, 2024
  • 1 reply
  • 7 views
PTET tax paid on behalf of owner of a pass through entity
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1 reply

Level 5
April 2, 2024

You really aren't giving enough information here to answer your question. However, assuming you mean this is an individual MT tax return and the individual received a Partnership K-1 with some MT pass-through entity tax, you would go into Screen 20.1, scroll down to the line 15 section, credits and withholding, and enter the amount in "Pass-through entity tax from MT Sch K-1".