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    Checklist for PTET

    The March 15, 2023 due date for the New York pass-through entity tax (PTET) is almost here.

    Click here to see our PTET tax news video on Instagram.

    Make sure that your clients file the annual PTET return for the 2022 tax year, or request an extension by that date.

    Also, make sure that your clients who can benefit from the election for 2023 make their applicable elections and schedule the first quarter estimated tax payment for 2023 by that date.

    See pages 57 through 72 of the Tax Year 2022 M+O=CPE Individual Tax Year-End Workshop Reference Book for an update of 2022 and 2023 issues for the PTET. For those who did not attend the seminars in December 2022 or January 2023, the e-book is available for purchase at: https://www.mocpe.com/e-book/

    Our tax news has numerous other posts related to the pass-through entity tax. Search our tax news archive for PTET to see these earlier posts.

    The information provided herein is provided with the understanding that the author and publisher are not engaged in rendering legal, accounting or other professional service. As such, M + O = CPE, Inc. and the author disclaim any responsibility or liability for the information supplied herein or the application of said information.