Tax
What is the pass-through entity tax (PTE)?
Quick Answer
The pass-through entity tax (PTE) is a state-level workaround to the $10K federal SALT cap. The S-Corp or partnership pays state income tax at the entity level (fully deductible federally) and the owners take a credit on their state return.
Warren Team
Updated April 26, 2026
38
Warren Team
Updated April 26, 2026
38
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