If you entered a K1 in your federal return, there will be questions that will generate when you begin your California state Return. As you navigate through your state return: You will reach an entry that is entitled Partnership Schedule K-1 Summary. Select edit next to the K1. There will be some preliminary questions to enter. Then go to Partnership K-1 Adjustments. Continue past the first page, to go to the second page in the adjustments screen. In the second page, scroll to the section where it says credits and there will be a entry to make that says 15f-Form 3804-CR Pass-Through Entity Elective Tax Credit

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shimmerer

Solved

Where do I incorporate my California Form 3804, which is for Pass-through entity (PTE) elective tax? It is new this year and I can't find it in TurboTax. Thanks!

Forum|Forum|4 years ago
February 21, 2022
3 replies
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TurboTax Self Employed Online

Best answer by DaveF1006

If you entered a K1 in your federal return, there will be questions that will generate when you begin your California state Return. As you navigate through your state return:

You will reach an entry that is entitled Partnership Schedule K-1 Summary. Select edit next to the K1. There will be some preliminary questions to enter.
Then go to Partnership K-1 Adjustments. Continue past the first page, to go to the second page in the adjustments screen.
In the second page, scroll to the section where it says credits and there will be a entry to make that says 15f-Form 3804-CR Pass-Through Entity Elective Tax Credit

DaveF1006Answer

If you entered a K1 in your federal return, there will be questions that will generate when you begin your California state Return. As you navigate through your state return:

You will reach an entry that is entitled Partnership Schedule K-1 Summary. Select edit next to the K1. There will be some preliminary questions to enter.
Then go to Partnership K-1 Adjustments. Continue past the first page, to go to the second page in the adjustments screen.
In the second page, scroll to the section where it says credits and there will be a entry to make that says 15f-Form 3804-CR Pass-Through Entity Elective Tax Credit

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shimmererAuthor

The numbering was slightly different, but this got me to the right place. Thank you so much!! \o/

PatriciaV

Employee

@TaxCat1

You can trigger the creation of Form 3804 (and related worksheet) in TurboTax Business using Forms mode.

Click Forms in the TurboTax header.
Go to the Information Wks under California Partnership.
Check the box under Part II >> Form 3804 Pass-Through Entity Elective Tax.
On the Sch K-1 Wks in the California return, check the box at the bottom of each partner to report the partner's consent for the PTE elective tax.
Return to the Information Wks and click "QuickZoom" beside either Form 3804 or 3804 Worksheet to review the calculations.
Be sure to address any form errors (red exclamation marks) before leaving Forms.

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Lillee

I did that which got the form 3804 filled. But the PTE credit does not seem to flow to california 100s page 6 line 13 as other credit. It also does not flow to california K1 line 13d as other credit. Am I doing it wrong?

TaxCat1

@Lillee mine is not flowing to 13(d) of K-1 either.

Instructions to K-1 say:

"Pass-Through Entity (PTE) Elective Tax
Credit – The PTE Elective Tax Credit is not a passthrough
item, but will be reported on line 13d.
For more information, get form FTB 3804-CR,
Pass-Through Entity Elective Tax Credit."

So maybe we should add that manually to 13(d) of K-1. And maybe the same for 100S, Side 6, Line 13(d).

andrew MI6

@DaveF1006 Where do I enter my pass-through entity (PTE) elective tax this year (2024 Tax year)? I'm using TT Online Premier. Last year there was a box, 13f, clearly labeled, in which to enter it. I cannot find it anywhere and the TT help AI within TT online is no help.

TaxCat1

Check if there is an info box at the top where there is a checkbox to activate these forms. It looks different in every version of TT. I have the desktop version and it's usually in the info/intro pages at the top or beginning. It's easier to be in Forms view to see where the checkboxes are.