Vlee
Level 1
05-27-2022
12:59 PM
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If an entity did not participate in the PTE program in 2021 year but wishes to do for 2022 year, how much does the entity need to pay?
FTB says $1000 or 50% of prior year PTE tax liability. Does this mean that the prior year tax liability is zero and this entity can just pay $1000 before 6-15-2022 to be in ?
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