How to enter Oregon PTE in ProConnect Tax

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 ProConnect Tax.

Table of contents:

Individual

1. From the Input Return tab, go to Income ⮕ Passthrough K-1's and select the business activity type:
   • Partnership Info (1065 K-1)
   • S-Corp Info (1120S K-1)

2. From along the top of the workspace, select Lines 11-20.
3. Under the Line 15 - Credits and Withholding section, enter the amount in the Credit for PTE-E Tax paid {OR} field.
4. From along the top of the workspace, select State & Local.
5. Under the Oregon Schedule PTE section, enter the amount in the Nonpassive income/loss adjustment field, if needed.
6. 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. From the Input Return tab, go to State & Local ⮕ Other Forms ⮕ OR PTE Tax.
2. Complete the Form OR-21 1 = current partnership only, 2 = pass-through only, 3 = both (MANDATORY) field.
3. Mark the Preparer has confirmed that this entity is allowed to file OR-21 for PTE taxes checkbox.
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. From the Input Return tab, go to State & Local ⮕ Taxes ⮕ OR PTE Tax.
2. Mark the File Form OR-21 (mandatory) checkbox.
3. Mark the Preparer has confirmed that this entity is allowed to file OR-21 for PTE taxes checkbox.
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 so box 5 of the OR-21 cannot be checked.
5. Review the Form OR-21.

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