PTE-01: Income Tax Withheld for an Individual Nonresident Owner of a Pass-through Entity 2024 (2024)
Idaho · Idaho Tax Commission · Used for tax years 2024
Idaho Form PTE-01 is a payment voucher for 2024 income tax withheld for a nonresident individual owner of a pass-through entity. It identifies the owner and entity and reports the amount withheld on the owner’s Idaho-source income.
Who files this form
Form PTE-01 is used by a pass-through entity to send income tax withheld for a nonresident individual owner. Pass-through entities include partnerships, limited liability companies taxed as partnerships, S corporations, trusts, and estates.
For an entity doing business in Idaho, the form lists these owner criteria for withholding:
- Have distributable income of $1,000 or more for the tax year.
- Aren’t included in a composite return.
- Haven’t filed an Idaho Nonresident Owner Agreement; or
- Aren’t a corporation, partnership, trust, or estate.
Send payment with completed Forms PTE-01 for the applicable owners, not with the entity return.
When it's due
For tax year 2024, payment must be postmarked or electronically submitted by April 15, 2025. Otherwise, penalty and interest will be charged on the amount due.
What you'll need
Have the following information ready to complete the voucher and calculate withholding:
- The owner’s name as it will appear on the individual income tax return, current mailing address, and Social Security number.
- The entity’s business name, federal Employer Identification Number (EIN), and email address.
- The owner’s share of Idaho-source distributable income, including guaranteed payments reportable to Idaho as Idaho taxable income.
- The amount of income tax withheld.
If the owner is a grantor trust or disregarded entity, also provide the name and Social Security number of the individual reporting the withholding tax.
How to file
Calculate withholding by multiplying the owner’s share of Idaho-source distributable income by 5.695%. Include guaranteed payments reportable to Idaho as Idaho taxable income. Complete the owner and entity information, and enter the withholding in the Amount Paid box.
Pay online
Visit tax.idaho.gov/epay. Payment options include EFT, ACH Debit, ACH Credit, credit/debit cards, and e-checks. Payments of $100,000 or more must use ACH Debit or ACH Credit.
To make a TAP payment:
- Select Make a Quick Pay Payment.
- Select Individual.
- Complete the individual owner’s information.
- Select Individual Income Tax as the account type.
- Select Pass-through Withholding Payment.
Repeat for each individual owner.
Pay by mail
Make your check or money order payable to the Idaho State Tax Commission. A single check payment can cover a maximum of 250 PTE-01 vouchers. Pay the total amount required to be withheld.
Mail the completed vouchers and payment to:
Idaho State Tax Commission
PO Box 83784
Boise ID 83707-3784
Common mistakes
- Sending payment with the entity return. Send it with the completed PTE-01 vouchers instead.
- Stapling the check to the voucher or including a check stub. The instructions say not to do either.
- Using one check for more than 250 vouchers. Split the vouchers and payments when there are more than 250.
- Using another payment method for $100,000 or more. These payments must use ACH Debit or ACH Credit.
- Paying late or less than the required total. The instructions require full payment and warn that late payments will incur penalty and interest.
Questions people ask
What withholding rate applies for 2024?
Multiply the owner’s share of Idaho-source distributable income by 5.695%. Include guaranteed payments reportable to Idaho as Idaho taxable income.
Can one check cover multiple owners?
Yes. One check can cover up to 250 PTE-01 vouchers. For 300 owners, the instructions give an example of one check with 250 vouchers and a second check with the remaining 50.
What if the owner is a grantor trust or disregarded entity?
Complete the bottom row with the name and Social Security number of the individual reporting the withholding tax.
Where can I get help?
Contact the Idaho State Tax Commission at (208) 334-7660 in the Boise area or (800) 972-7660 toll free. The hearing-impaired TDD number is (800) 377-3529. You can also visit tax.idaho.gov/contact.