How to enter Wisconsin PTE in Lacerte

This article will help you report the elective pass-through entity tax (sometimes called PTE, PTET, PET, or SALT workaround) and the resulting credit.

Table of contents:

To claim the credit on an Individual

1. Go to State & Local, 51 Modifications and select Wisconsin to access Screen 51.231 Wisconsin Modifications.
2. From the Sections list select Wisconsin Additions or Subtractions.
3. Enter the modifications on either Entity level tax for tax-option S Corporations or Entity level tax for partnerships.

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To generate the PTE for a Partnership

1. Go to Screen 43.234 Wisconsin Entity-Level Tax.
2. Check the Electing to pay tax at the entity level checkbox.
3. Make any additional adjustments needed under Entity-Level Adjustments.
4. Review the Schedule 3-ET.
5. If you are e-filing attach the statement as a PDF.

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To generate the PTE for a S-Corporation

1. Go to Screen 48.232 Wisconsin Entity-Level Tax.
2. Check the Electing to pay tax at the entity level checkbox.
3. Make any additional adjustments needed under Entity-Level Adjustments.
4. Review the Schedule 5S-ET.
5. If you are e-filing attach the statement as a PDF.

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For more PTE resources, check out our dedicated Tax topics page where you'll find a list of all PTE states and the respective content for each.