rosin850
Level 1
04-20-2023
11:27 AM
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Responding to Mel72:
"I figured out how to account for the PTET credit payments. In the NYS part of the TurboTax program at Uncommon Credits, check the next-to-last box entitled "Claim for Pass-Through Entity Tax Credit (IT-653)." When you hit "continue" form 653 pops up. Enter the employer name and Tax ID. Then enter the amount of the PTET payment by your firm. It should then ripple through."
THANK YOU!!!!! This worked for me after spending an hour searching through TT on how to do it.