How to enter Missouri PTE in ProSeries
by Intuit• Updated 4 months ago
For tax years ending on or after December 31, 2022, Missouri partnerships and S corporations can elect to pay pass-through entity (PTE) tax. PTE tax, sometimes referred to as a SALT workaround, allows qualifying members of a PTE to pay tax at the entity level and claim a credit for the taxes paid on their own returns.
This article will help you report the STATE elective pass-through entity tax (sometimes called PTE, PTET, or SALT workaround) and the resulting credit.
We're still working on developing the MO-PTE and other forms for this tax type. This article will be updated as features are released to the program.
When is the MO-PTE return due?
The MO-PTE return is due the fifteenth day of the fourth month after the entity's tax year ends. If the due date falls on a weekend or holiday, the return is due the next business day.
Partnerships and S corporations who receive federal extensions are automatically granted an extension of time to file the MO-PTE.
For calendar year filers who don't request an extension, the MO-PTE is due by April 18, 2023.
What if I need to file sooner?
For tax year 2022, all MO-PTE returns and payments must be filed on paper. E-filing isn't available. You can find printable forms and instructions on the Missouri Department of Revenue's site.
We're still working on developing the MO-PTE and other forms for this tax type. This article will be updated as features are released to the program.
When is the MO-PTE return due?
The MO-PTE return is due the fifteenth day of the fourth month after the entity's tax year ends. If the due date falls on a weekend or holiday, the return is due the next business day.
Partnerships and S corporations who receive federal extensions are automatically granted an extension of time to file the MO-PTE.
For calendar year filers who don't request an extension, the MO-PTE is due by April 18, 2023.
What if I need to file sooner?
For tax year 2022, all MO-PTE returns and payments must be filed on paper. E-filing isn't available. You can find printable forms and instructions on the Missouri Department of Revenue's site.
Sign in now for personalized help
Ask questions, get answers, and join our large community of Intuit Accountants users.
More like this
- How to enter Missouri PTE in Lacerteby Intuit•19•Updated September 26, 2024
- How to enter Missouri PTE in ProConnect Taxby Intuit•2•Updated October 25, 2024
- How to enter North Carolina PTE in ProSeriesby Intuit•2•Updated July 12, 2024
- How to enter New Jersey PTE tax in ProSeriesby Intuit•14•Updated July 12, 2024