Pass-Through Entities
A pass-through entity is a business whose owners claim the income on their own income tax returns based on their share of profits or losses.
Pass-through entities include:
- Partnerships
- S corporations
- Limited Liability Companies (LLC) taxed as partnerships or S corporations
- Disregarded Entities, such as single-member LLCs (SMLLCs)
Pass-through entities generally do not pay federal income tax. However, a pass-through entity may incur a Montana tax liability.
The pass-through entity may elect to pay pass-through entity tax or composite tax.
Due Dates
- Returns
- March 15
- Extensions
- September 15
Related Resources
- Montana Pass-Through Entity Tax Return - Form PTE
- Montana Form PTE Instructions
- Montana Schedule K-1 - Form PTE
- Pass-Through Entity Owner Tax Agreement - Form PT-AGR (PDF)
- Montana Disregarded Entity Information Return - Form DER-1
- Application for Tax Certificate - Form CR-T (TAP)
- Montana Department of Revenue Business Registration - Form GenReg (PDF)
- Nexus Questionnaire - Form NEXUS (PDF)
- Partnership E-File Waiver Request - Form PWR (PDF)
- Montana S Corporation Tax Payment Voucher - Form SB
- Montana Disregarded Entity Tax Payment Voucher - Form DER (PDF)
- Montana Form PR-1 Partnership Booklet