- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Yes, thank you. The "new" part is the option to file as an PTE entity for our state (Arkansas), where the partnership can elect to pay state tax for all members, becoming a deduction for the partnership on the 1065, instead of the individual on the 1040, if I am understanding things correctly.
‎January 12, 2023
6:31 AM