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- How to use the CA PTE to reduce tax below minimum?
How to use the CA PTE to reduce tax below minimum?
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Monica5
Level 1
03-15-2022
03:00 PM
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In CA, for taxable years beginning on or after January 1, 2021, the PTE credit may reduce the amount of tax due below the tentative minimum tax. The software only reduces the tax to TMT. Is there a work-around for this?
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