I am a California resident, but own an interest in a CT LLC. CT imposes a mandatory requirement that LLCs pay pass through entity taxes. My LLC paid the tax based on its rental realty income. It has no ordinary income. It reporting the PTET on Form 8825 consistent with IRS Notice 2020-75?
My secon related question is whether the CT PTET tax that reduced my taxable income on my federal return has to be added back for my CA 540, and if so, where should that add-back be entered?