garman22
Level 13
01-30-2022
01:43 PM
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Has anyone worked on the PTE tax for pass through entities?
My question is how is it deducted on 1120S? My thought is its deducted as part of paid taxes/licenses and then added back to state to arrive at the proper state income tax.
-OR-
Is it a k-1 item?
Thanks for any insight provided.
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