2026 PTET Election Deadlines by State

The timely filed original return. A June 15 prepayment is still required, but for 2026 through 2030 a missed or short payment does not by itself void the election.

9.3 percent of qualified net income.

A qualified entity taxed as a partnership or an S corporation.

Not applicable.

Not applicable. Florida has no personal income tax.

Not applicable.

The due date of the return, including extensions.

4.99 percent.

An S corporation or a partnership. Partnerships may elect regardless of ownership for years beginning on or after January 1, 2023. A single-member LLC not taxed as a partnership or an S corporation cannot elect.

On the return, irrevocable after the extended due date. The return is generally due the 15th day of the fourth month after year-end. An automatic six-month filing extension does not extend payment.

4.95 percent of the electing entity's net income.

A partnership other than a publicly traded partnership under IRC 7704, and a subchapter S corporation.

The timely filed original return, including extensions. The FAQ states April 15 if the entity is a trust and March 15 if it is a partnership or an S corporation.

Chapter 63D: 5 percent of qualified income taxable in Massachusetts at the member level. Chapter 63E: 4 percent of each qualified member's distributive income that is subject to chapter 62 and above the surtax threshold. The 2026 inflation-adjusted threshold on the Department page is $1,107,750.

An S corporation, a partnership, or certain trusts that pass income to beneficiaries. Qualified members are natural persons, estates, and trusts. Members cannot opt out. A corporate partner is not a qualified member.

The last day of the ninth month after the tax year ends. September 30 for a calendar-year 2026 election.

4.25%, the section 51 individual income tax rate for the 2026 tax year.

An entity treated as an S corporation or a partnership for federal purposes, other than a publicly traded partnership, a disregarded entity, or a financial institution subject to the corporate income tax franchise tax.

The current instructions state the calendar-year 2026 PTE-100 is due March 15, 2027. The election is due on or before that original due date and before any estimated payment.

Over $0 but not over $250,000: 5.675% minus $0. Over $250,000 but not over $1,000,000: 6.52% minus $2,112.50. $1,000,000 and over: 10.9% minus $45,912.50.

A partnership, a federal S corporation with a New Jersey S election, or an LLC classified as a partnership or an S corporation, with at least one individual, estate, or trust member liable for gross income tax on the share.

March 16, 2026. The statutory date is March 15, and March 15, 2026, is a Sunday, so the Department calendar moves the annual election and the first estimate to the next business day.

Up to $2,000,000: 6.85%. Over $2,000,000 through $5,000,000: $137,000 plus 9.65% of the excess over $2,000,000. Over $5,000,000 through $25,000,000: $426,500 plus 10.30% of the excess over $5,000,000. Over $25,000,000: $2,486,500 plus 10.90% of the excess over $25,000,000.

A partnership, including an LLC taxed as a partnership, or a New York S corporation.

The timely annual return, including extensions. Without an extension, the 15th day of the fourth month after year-end.

3.99 percent.

An S corporation required to file under G.S. 105-131.7, or a partnership required to file under G.S. 105-154(c), including an LLC classified as a partnership. Publicly traded partnerships described in IRC 7704(c), and partnerships with a partner outside the individual, estate, and listed-trust categories in the notice, cannot elect.

Not applicable.

Not applicable. Texas has no state income tax.

Not applicable.