PTET-CR: Kentucky Pass-Through Entity Tax on Distributive Share Income (2025)
Kentucky · Kentucky DOR · Used for tax years 2025
Kentucky Form PTET-CR reports a partner’s, member’s, or shareholder’s Kentucky distributive share income subject to entity-level income tax, the tax liability, and Kentucky income tax paid by the entity. It is attached to Form 740-PTET.
Who files this form
Form PTET-CR reports a partner’s, member’s, or shareholder’s Kentucky distributive share income subject to entity-level income tax. The form directs you to attach it to Form 740-PTET.
What you'll need
Have the information requested on the form ready:
- The taxable year ending month and year.
- The pass-through entity’s name, address, FEIN, and LLET account number, if available.
- The partner’s, member’s, or shareholder’s name, address, and Social Security number or FEIN.
- The owner’s Kentucky distributive share income subject to entity-level income tax.
- The Kentucky income tax paid by the entity.
How to file
Complete the entity and owner information. Enter the Kentucky distributive share income subject to entity-level income tax on line 6. Multiply line 6 by 4.0% (.04) and enter the tax liability on line 7. Enter the Kentucky income tax paid by the entity on line 9.
Submit the entire PTET-CR page attached to Form 740-PTET. The supplied form does not provide a mailing address or e-filing directions.
Common mistakes
- Do not submit only part of the page. The form says to submit the entire page and attach it to Form 740-PTET.
- Pay attention to the printed number-format reminder: “Must be 9 digits. If 6 digits, must lead with zeros.”
- Do not treat line 8 as an ordinary tax entry. It is labeled “Reserved for future use (see instructions).”
Questions people ask
What tax rate does the 2025 form use?
Line 7 calculates tax liability by multiplying line 6 by 4.0% (.04).
Where do I report Kentucky income tax paid by the entity?
Enter that amount on line 9.
Is the entity’s LLET account number requested?
Yes. Line 2 asks for the pass-through entity’s LLET account number, if available.
What form should PTET-CR be attached to?
Attach the entire PTET-CR page to Form 740-PTET.