How to enter Wisconsin PTE in Lacerte

Down below we'll go over how to report the Wisconsin 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 State Adjustments and Credits.
3. Enter the PTE in one of the Credit for state estimates/withholding... fields.
4. Enter the withholding under Credits and Withholding.

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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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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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