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Frequently Asked Questions

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What entity types can elect to be treated as an Electing Pass-Through Entity?
How does the pass-through entity make an election to be treated as an Electing Pass-Through Entity? When is a pass-through entity required to make the election?
Can a Pass-Through Entity make an election to be treated as an Electing Pass-Through Entity simply by filing the tax return?
Can a Pass-Through Entity revoke its election to be treated as an Electing Pass-Through Entity?
What is the Electing Pass-Through Entity Tax return form and when is it due?
Can a pass-through entity request an extension of time to file its tax return?
Are pass-through entities that elect to pay the Electing Pass-Through Entity Tax required to make estimated tax payments?
How does the pass-through entity determine its tax liability? What is the entity- level tax rate?
Can an electing Pass-Through Entity claim a net operating loss?
Can an owner, member, partner, or shareholder take a credit for taxes paid by the Electing Pass-Through Entity?
Can an Electing Pass-Through Entity exclude income attributable to certain owners, i.e. tax-exempt owners, when calculating tax due? 
Do owner’s member, partner, or shareholders of an Electing Pass-Through Entity have a filing requirement?
Can an Electing Pass-Through Entity claim Tax Incentive credits?
Can an electing Pass-Through Entity pass through Tax Incentive credits to its members? 
Will an Electing Pass-Through Entity still be required to file a composite return, PTE-C, on behalf of nonresident members?
Can a taxpayer transfer an overpayment from a composite return (Form PTE-C) to an Electing pass through entity’s account?
Can a pass-through entity with all resident owners elect to be an Electing Pass-Through Entity?
Does Alabama allow a credit for Pass-Through Entity taxes paid to other states?
What is the mailing address for Form 20S?
What is the mailing address for Form 41?
Who should you contact for assistance with the credit submission process and/or questions about Pass Through Entity tax credits?
How does a disregarded entity (without an income or excise tax filing requirement) pass a business credit that requires pre-certification through MAT to its owner?