Schedule PTET — Pass-Through Entity Tax

Pass Through Entity Tax Return
Check box if no Schedule Composite tax is due (see instructions) Computation Code
Check box if no Schedule Composite-COR tax is due (see instructions)
Entity's Tax Year 2025 or Other Year Beginning 2025 and Ending
Name of Entity Federal Employer Identification Number
See instructions. Enclose with Form IT-20S, IT-65, or IT-41. Use additional sheets if necessary.
Individual's Social Security Number or Corporate
Entity's Federal Employer Identification Number
State of
Residency
Entity
Type
Adjusted
Gross Income
Pass Through
Entity Tax
1 A B C D
Enter the number Enter the
2-character state of residency
Enter the entity type
Adjusted gross income attributed to Indiana from IT-20S / IT-65
I N K-1, Part 4, Line 9; or IT-41
I N K-1,Part 4, line 9
Multiply C by the individual tax rate
(.03; .0295 for years ending in 2026)
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.

Subtotal Column D …
Carryover totals from Column D from additional sheets …
Total tax (22D + 23D). Enter this amount on line 16 of Form IT-20S;

line 6c of Form IT-65; or, on Form IT-41, Schedule 1, line 3 … Total Tax

Schedule PTET