How to enter Indiana 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.

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.

Table of contents:

Individual

1. Go to Screen 20, Passthrough K-1s.
2. Use the drop down on the top nav to make sure you're assigning entries to Indiana.
3. Use the panel on the top left to select Partnership Information.
4. Scroll down or use the bottom left panel to select:
   • For S Corporations: Line 13 - Other Deductions
   • For Partnerships: Line 15 - Credits and Withholding.
5. Fill out the field for Pass-Through Entity Tax
   • This flows to Schedule 5, Line 3.
6. Scroll down or use the bottom left panel to select the Indiana Schedule INK-1 (EF only) section. This section must be completed for e-filed returns.

Partnership

For Tax Year 2023 and future returns:

1. Go to Screen 37, Miscellaneous Information.
2. Use the top left panel to select Screen 37.111, Indiana Miscellaneous Information.
3. Scroll down or use the bottom left panel to select the Pass Through Entity Tax Election (IN-PTET) section
4. Check the box for Elect Pass Through Entity Tax.
5. Complete any remaining applicable fields.

For Tax Year 2022 Returns:

1. Go to Screen 37, Miscellaneous Information.
2. Use the top left panel to select Screen 37.111, Indiana Miscellaneous Information
3. Under the Indiana Miscellaneous section, check the Partnership has elected to be taxed at partnership level (Amended only) box.
   • This checks Box R on IT-65, page 1.

S Corporation

1. Go to Screen 42, Miscellaneous.
2. Use the top left panel to select Screen 42.111, Indiana Miscellaneous.
3. Scroll down or use the bottom left panel to select the Pass Through Entity Tax Election (IN-PTET) section
4. Check the box for Elect Pass Through Entity Tax.
5. Complete any remaining applicable fields.