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Level 1
June 12, 2023
Question

Does anyone know where to record in Pro Connect Tax Online the Indiana credit from an S Corp K-1 for the new pass through entity tax?

  • June 12, 2023
  • 1 reply
  • 4 views
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1 reply

June 12, 2023

Hi @johns4, thanks for using the community! 

Have you seen this article? Hope it helps: How to enter Indiana PTE in ProConnect

Level 2
April 1, 2024

This article is not 100% helpful. As of 2024 the PTE tax credit has to be entered on the individual Indiana IT-40 Schedule 5 Line 3. How do we get the credit into Line 3 of the Indiana IT-40 Sch. 5?

sjrcpa
Level 15
April 1, 2024

It was probably correct in June 2023.  😀

The more I know the more I don’t know.