Connecto1
Level 2

Hello all,

I'm getting some mixed opinions on whether or not an Illinois PTE tax payment paid in 2022 can be accrued by accrual basis pass-thru entities on their 2021 returns.  The consensus is leaning towards no, including on this thread.  Just curious for the source--I tried calling IL and asking directly and I'm not sure they knew what I was talking about. 

 

0 Cheers