How to enter Mississippi PTE in ProConnect Tax

To claim the credit on an Individual

1. Go to Input Return ⮕ Income ⮕ Passthrough K-1's and select the business activity type:
   • Partnership Info (1065 K-1)
   • S-Corp Info (1120S K-1)
2. Select the Lines 11-20 tab.
3. Under the Line 15 - Credits and Withholding section, complete the Mississippi Pass-Through Entity (PTE) Credits fields.
4. Review the Form 80-161.

To generate the PTE for a Partnership

1. Go to Input Return ⮕ State & Local ⮕ Miscellaneous Information ⮕ MS Miscellaneous Information.
2. Enter a 2 in the Electing pass-through entity taxable income field.
3. If an election is not already on file, complete the Form 84-381 Pass-Through Entity Election Form section.
4. Review the Form 84-105.

To generate the PTE for a S-Corporation

1. Go to Input Return ⮕ State & Local ⮕ Miscellaneous ⮕ MS Miscellaneous.
2. Enter a 2 in the Electing pass-through entity taxable income field.
3. If an election is not already on file, complete the Form 84-381 Pass-Through Entity Election Form section.
4. Review the Form 84-105.