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Question

How do I check if my state offers a PTET election?

Answer

As of mid-2026, 37 states (and New York City) have enacted pass-through entity tax (PTET) regimes, but eligibility, deadlines, and credit structures vary. You can check with your state’s department of revenue or tax agency, or consult with a tax professional who is familiar with your state’s rules. Some states require prepayments by specific deadlines to preserve eligibility for the election.

Related FAQs

Should I make a PTET election if my income is near the phase-out threshold?

How does the PTET work-around compare to the individual SALT deduction cap?

What is the SALT deduction cap under the OBBBA?
Tax Planning Financial Planning Business Owners Impact of New Laws Tax Basics Tax Tips & Tricks OBBBA Year-Round Tax Planning FAQs
Last Updated Nov. 5, 2026
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