yelena39
Level 1

Hi

Question to tax practitioners in Massachusetts - how do you report PTE tax on S Corp and individual tax returns?  Seems like the PTE tax paid on S Corp level should be reflected on the MA form SK-1, but so far it doesn't.  Also, it's not clear how to show the tax credit on the MA form 1 ( individual level).

If someone got an idea - please respond.  Thanks,  Yelena

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steve5
Level 4

Proseries does not have the credit type in Form 1 on the personal tax return drop down box 1a as of today

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