How to enter Vermont PTE in ProSeries

To claim the credit on an 1065 return:

1. Open the Wisconsin state return.
2. Open the 1NPR page 3&4.
3. Scroll down to line 58.
4. Enter the PTE information on the Wisconsin Income Tax Withheld line 59 Smart Worksheet.

To generate the PTE for a 1065:

1. Open the Wisconsin return.
2. Open the Form 3.
3. On question I mark the If the partnership is electing to pay tax at the entity level pursuant to s. 71.21(g)(a), Wis. Stats. box.
4. Review the Schedule 3-ET.

To generate PTE for an 1120S:

1. Open the Wisconsin S Corporation return.
2. Open the Form 5S.
3. On question 7 mark the Electing to pay tax at the entity level pursuant s. 71.365(4m)(a) box.
4. Review the Schedule 5S-ET.