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Level 3
January 19, 2022
Question

Does anybody know how to enter the pass-thru entity tax opt-in in the NY or NJ partnership or S Corp returns? Is there a place in the program to enter it?

  • January 19, 2022
  • 1 reply
  • 10 views
Many states have established optional pass-thru entity taxes as a way to circumvent the SALT limits.  Looking for a place to enter such opt-ins in the business returns
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1 reply

George4Tacks
Level 15
January 19, 2022

I do not think there is a specific opt in that is universal. It will depend upon the state and type of entity. A few are possibly in the program by now, but I would not trust in this very much this early in the game. Ask about a specific one and you may get some guidance. 

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