Solved
Illinois PTE Tax
Is there a trick to have this calculated in ProSeries Prof? I can't seem to have it calculated. Not sure if there's any check the box somewhere that I am missing? Thanks!
IntuitMark304Answer
Level 6
January 31, 2022
V J Patel,
To elect the Pass Through Entity Tax, you will need to check box I on page one of the IL-1065 or box L on page 1 of the IL-1120-ST.
Hope this clears up the issue for you. Enjoy your day!
