caj111
Level 4

Hello,

A client of mine who files a subchapter S corporation return in New York elected for and paid the pass-through entity tax, where the S corporation pays state income tax, then gives the shareholders a tax credit on their New York returns.

Looking at the New York subchapter S corporation return in the program, there doesn't seem to be anything different from 2020 or anything that calculates the 6.85% pass-through entity tax and also allows you to show estimated payments of it.  Am I totally missing something or is this something that the return module will update when it is all supposedly ready for filing on February 4th?

0 Cheers