![ProConnect Help](https://uxfabric.intuitcdn.net/web-app/sh-exp-pcg-app-experience/pcg_ohh_icon.2bb472dd.png)
How to enter Missouri PTE in ProConnect Tax
by Intuit• Updated 3 weeks ago
For tax years ending on or after December 31, 2022, Missouri partnerships and S corporations can elect to pay pass-through entity (PTE) tax. PTE tax, sometimes referred to as a SALT workaround, allows qualifying members of a PTE to pay tax at the entity level and claim a credit for the taxes paid on their own returns.
Table of contents:
When is the MO-PTE return due?
The MO-PTE return is due the fifteenth day of the fourth month after the entity's tax year ends. If the due date falls on a weekend or holiday, the return is due the next business day.
Partnerships and S corporations who receive federal extensions are automatically granted an extension of time to file the MO-PTE.
For calendar year filers who don't request an extension, the MO-PTE is due by April 18, 2023.
What if I need to file sooner?
For tax year 2022, all MO-PTE returns and payments must be filed on paper. E-filing isn't available. You can find printable forms and instructions on the Missouri Department of Revenue's site.
To claim the credit on an individual return:
- Go to Input Return.
- From the State & Local section select Other Credits then MO Form MO-TC.
- Under Type of Credit select MO Department of Revenue, then SALT Parity.
- Complete the Amount of Credit section.
- Review the MO-TC to see how much of the credit is allowed, the allowable credit will show on MO-1040 line 42.
To generate the PTE for a partnership:
- Go to Input Return
- From the State & Local section, select Other Forms, then MO PTE Income Tax.
- Check the Electing to become an Affected Business Entity (mandatory for PTE return) box to activate the forms.
- Enter any Tax Credits in the Credits from Form MO-TC section.
- If estimated tax was paid enter payments in the 2022 Estimated Tax section.
- Review the Form MO-PTE
- If any adjustments are needed: From the State & Local section, select Adjustments, then MO Adjustments.
- Enter any additions in the Missouri Partnership Adjustment - Additions section to flow to to Part A - PTE Adjustments on the MO-PTE page 3
- Enter any subtractions in the Missouri Partnership Adjustment - Subtractions section to flow to Part A - PTE Adjustments on the MO-PTE page 3
If this is an amended return, from the MO PTE Income Tax section check Amended. Complete the Amended PTE section to enter any additional information.
To generate PTE for an S corporation:
- Go to Input Return
- From the State & Local section, select Taxes, then MO PTE Income Tax.
- Check the Electing to become an Affected Business Entity (mandatory for PTE return) box to activate the forms.
- Enter any Tax Credits in the Credits from Form MO-TC section.
- If estimated tax was paid enter payments in the 2022 Estimated Tax section.
- Review the Form MO-PTE
- If any adjustments are needed: From the State & Local section, select Adjustments, then MO Adjustments.
- Enter any additions in the Additions section to flow to to Part A - PTE Adjustments on the MO-PTE page 3
- Enter any subtractions in the Subtractions section to flow to Part A - PTE Adjustments on the MO-PTE page 3
If this is an amended return, from the MO PTE Income Tax section check Amended. Complete the Amended PTE section to enter any additional information.