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posted Mar 30, 2023 8:33:36 AM

Where is PTE credit reported on the Missouri state return in Turbotax?

Where is the members share of PTE credit reported on the Missouri state return?

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1 Replies
Level 1
Apr 1, 2023 2:08:31 PM

Looks like you should use code SPA on From  MO-TC, Salt Parity Act, if you are talking about the pass through entity tax credit for Missouri as your resident state.  However, I am not sure Turbo tax is currently treating this correctly.  I was told it could not offset spouse liability, but turbo Tax allows this.