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Level 3
April 3, 2023
Solved

Where do you enter CA PTE (both the tax and the credit) in the individual module when dealing with a SMLLC (Disregarded entity - Sch C)?

  • April 3, 2023
  • 1 reply
  • 12 views
I found how to enter in the partnership and s-corp modules and the credit if individual received a K-1 from an entity of this type, but nothing when it's disregarded.  The tax should show up on line 4 of 568, but there is no "jump to input" for this.  Has anyone located?
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Best answer by strongsilence

SMLLC's filing a Schedule C do not qualify for the PTE.

 

(SMLLC who are members of passthrough do qualify.)

 

See the FTB website.

1 reply

Level 10
April 3, 2023

SMLLC's filing a Schedule C do not qualify for the PTE.

 

(SMLLC who are members of passthrough do qualify.)

 

See the FTB website.