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Level 2
February 4, 2022
Question

how to report Massachusetts pass thru entity level tax on the tax return?

  • February 4, 2022
  • 1 reply
  • 11 views

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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1 reply

Level 5
March 18, 2022

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