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How to enter Wisconsin PTE in ProSeries

SOLVEDby IntuitUpdated April 06, 2023

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

Table of contents:

To claim the credit on the 1040 return:
To generate PTE on a 1065:
To generate PTE on a 1120S:

To claim the credit on an individual 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.

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To generate the PTE for a partnership:

  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.

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To generate PTE for an S corporation:

  1. Open the Wisconsin 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.

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