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How to enter Alabama PTE tax in ProSeries

SOLVEDby IntuitUpdated July 14, 2022

This article will help you report the Alabama elective pass-through entity tax (sometimes called PTE, PTET, or SALT workaround) and the resulting credit in ProSeries.

To claim the credit on an individual return:

  1. Open the Alabama return.
  2. Open the Schedule CP.
    1. Press F6 to bring up Open Forms.
    2. Type CP and press OK.
  3. Complete the table on Section A.

The credit will flow to line 26 of Form 40.

To generate the PTE for a partnership:

  1. Open the Alabama Partnership return.
  2. On the Alabama Partnership Information Worksheet scroll down to Part VIII.
  3. Check the box for Electing Pass-Through Entity Tax.
  4. Open the Electing Pass Through Entity Payment Return.
    1. Press F6 to bring up Open Forms.
    2. Type EPT and press OK.
  5. Review the calculations and make any adjustments as needed.

This will flow to the EPT-K1.

To generate the PTE for an S corporation:

  1. Open the Alabama S Corporation return.
  2. On the Alabama S Corporation Information Worksheet scroll down to Part VII.
  3. Check the box for Electing Pass-Through Entity Tax.
  4. Open the Electing Pass Through Entity Payment Return.
    1. Press F6 to bring up Open Forms.
    2. Type EPT and press OK.
  5. Review the calculations and make any adjustments as needed.

This will flow to the Alabama EPT-K1.

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