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Instructions: Pass-Through Entity Tax (PTET) Web File applications

PTET due dates
Date Filing
January 2024
1st 2024 annual election web application is available 
March 2024
15th 2023 annual return or extension request 
15th 2024 annual election
15th 2024 first-quarter estimated payment
June 2024
17th 2024 second-quarter estimated payment
September 2024
16th 2023 annual return for those who requested extensions
16th

Last day to make 2023 additional payments for those who requested extensions. The electing entity must pay all the PTET by the original due date of the return. The penalties for failure to pay taxes due apply and the entity must calculate and include penalties in any late payments.

16th 2024 third-quarter estimated payment
December 2024
16th 2024 fourth-quarter estimated payment

Annual Election

The election to opt in to the PTET must be made online on an annual basis. The eligible entity may opt in on or after January 1 but no later than March 15 of the current PTET taxable year.

Estimated Payments

PTET estimated payments are due by March 15, June 15, September 15, and December 15 in the calendar year prior to the year in which the due date of the return falls. If the due date of the estimated payment falls on a Saturday, Sunday, or legal holiday, the payment is due on the next business day. Entities must use our online Web File application and pay by ACH debit when making PTET payments. They cannot pay by check or other methods.

Extension

The PTET annual return is generally due March 15 after the close of the PTET taxable year. However, the electing entity can request a six-month extension of time to file through its Business Online Services account. The extension must be requested by March 15.

The extension is an extension of time to file the annual return and allows the entity to make additional payments through September 16. The extension is not an extension of time to pay any tax due. The electing entity must pay all the PTET by the original due date of the return, or penalties for failure to pay taxes due are applicable. Penalties are calculated daily, and the later the payment is made, the more penalties that will be due. 

Important: If submitting the extension request with a payment, carefully review the entity's banking and payment information. You cannot cancel the payment once the request has been submitted.

Annual Return

An electing entity must file an annual PTET return or six-month extension through its Business Online Services account by March 15 after the close of the PTET taxable year. If the entity requested an extension, the return is due September 15.

Important: If submitting a payment with the return, carefully review the entity's banking and payment information. You cannot cancel or replace the payment once the return has been submitted.

Resources

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Filing an Annual Pass-Through Entity Tax (PTET) Return

Filing an Annual Pass-Through Entity Tax (PTET) Return
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