Georgia Pass-Through Entity Tax (PTET)

Reference computation

For a Georgia pass-through entity with $500,000 of qualified net income allocated to this state, at a 37% federal marginal bracket, the entity-level PTET and federal-deduction math is:

Election walkthrough

1. Verify eligibility. Georgia accepts: s-corp, partnership, llc-as-s, llc-as-partnership.
2. Check the deadline. Annual irrevocable election made by checking the box on a timely-filed (including extensions) Form 700 (partnership) or Form 600S (S corp). Election must be made by the due date or extended due date of the entity return. For tax years beginning on or after 2023-01-01, ALL partnerships eligible regardless of ownership structure (earlier years excluded non-individual-only PTEs). Estimated payments required like a C corp.
3. Compute the entity-level tax. Apply the 5.39% rate to qualified net income.
4. Pay and file. Use Form 700 (Partnership Tax Return) or Form 600S (S Corporation Tax Return) with PTE election box. Quarterly estimates may be required.
5. Owners claim the state credit. non-refundable credit on the personal state return.
6. Verify composite interaction. Composite interaction: stacks. See composite vs PTET.
7. Run the federal §199A QBI math. PTET reduces the QBI base proportionally; net the federal SALT-arbitrage against the §199A offset.

Annual deadline reminder

State PTET law revises annually. Georgia's data was last verified on 2026-05-11. Re-confirm with the state DOR primary source before electing or filing. Last full-site review: 2026-05-12.