How to enter Oregon PTE in Lacerte

Down below we'll go over how to report the Oregon elective pass-through entity tax (sometimes called PTE, PTET, or SALT workaround) and the resulting credit in Lacerte.

Table of contents:

Individual

1. Go to Screen 20, Passthrough K-1's.
2. Under Credits and Withholding enter the Credit for PTE-E Tax paid {OR}
3. Go to the Oregon Schedule PTE Section.
4. Enter the Credit for PTE-E paid {OR} adjustment if needed.
5. Review the Credit on Schedule OR-ASC page 3 Section F or OR-ASC-NP Page 5 Section H. The credit will be listed with code 900.

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Partnership

1. Go to Screen 43.025 Oregon PTE Tax Return.
2. Complete the Form OR-21 1 = current partnership only, 2 = pass-through only, 3 = both (MANDATORY) field.
3. Check the Preparer has confirmed that this entity is allowed to file OR-21 for PTE taxes box.
4. If the partnership received a PTE credit from another partnership complete the PTE tax amounts from a tiered entity from Form OR-21-MD-K1 section.
5. Review the Form OR-21.

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S-Corporation

1. Go to Screen 48.022 Oregon PTE Tax Return.
2. Check the File Form OR-21 (mandatory) box.
3. Check the Preparer has confirmed that this entity is allowed to file OR-21 for PTE taxes box.
4. If the S-Corporation received a PTE credit from another partnership complete the PTE tax amounts from a tiered entity from Form OR-21-MD-PT section.
   • Currently the Form OR-21-MD-PT is not supported in Lacerte so box 5 of the OR-21 cannot be checked.
5. Review the Form OR-21.

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