PTE-RP: Pass-through Entity Tax for Resident Partners (2025)
Minnesota · Minnesota DOR · Used for tax years 2025
Minnesota Schedule PTE-RP calculates pass-through entity tax attributable to Minnesota resident partners for 2025. It reports their share of income, additions, and subtractions, with the resulting tax carried to Schedule PTE.
Who files this form
Complete and file 2025 Schedule PTE-RP if your partnership is filing Schedule PTE and has at least one partner who was a Minnesota resident and a qualifying owner during 2025.
This includes LLCs taxed as partnerships that elect to pay tax at the entity level. Complete lines 1 through 14 using amounts attributable to Minnesota resident partners.
What you'll need
Have these forms and details available to complete the schedule:
- The partnership or LLC's name, FEIN, Minnesota Tax ID Number, and entity type.
- Schedule PTE, which you file with Schedule PTE-RP.
- Federal Schedules K-1 (1065) for resident partners.
- Resident partners' Schedule KPI amounts from lines 2, 4, 5, 13, 15, 17, and 18.
- Schedule KPINC, line 31, amounts for resident partners.
- For the delayed bonus depreciation subtraction, your 2021 through 2024 Schedules PTE and bonus depreciation information for partners who were included in the entity's composite filing, or had Schedule PTE fulfill their filing requirement, in 2020 through 2024. The partners must be Minnesota residents in 2025.
How to file
File Schedule PTE-RP with Schedule PTE.
- Complete lines 1 through 14 using amounts attributable to Minnesota resident partners.
- Add lines 1 through 5 and enter the total on line 6.
- Add lines 7 through 11 and enter the total on line 12.
- Subtract line 12 from line 6 and enter the result on line 13.
- Multiply line 13 by 9.85% (.0985). Enter the result on line 14 and on Schedule PTE, line 30.
- Include resident partners' income and credit distribution information on Schedule PTE, Part 2.
Common mistakes
Check these required matches and reminders before filing:
- Use amounts attributable to Minnesota resident partners on lines 1 through 14.
- Line 1 must equal the total reported to resident partners on Schedule KPI, line 4, multiplied by 80%.
- Lines 2 and 4 must match the resident partners' totals from Schedule KPI, lines 5 and 2, respectively.
- Line 7 must match the resident partners' total from Schedule KPI, lines 15 and 17.
- Line 8 must match the total reported to partners on Schedule KPI, line 18.
- Line 10 must match the resident partners' total from Schedule KPI, line 13.
- Remember to include resident partners' income and credit distribution information on Schedule PTE, Part 2.
Questions people ask
How is Schedule PTE-RP different from Schedule PTE?
Schedule PTE-RP allocates 100% of a resident partner's distributive share from the partnership to Minnesota for PTE tax purposes. Its result is reported on Schedule PTE.
What tax rate does Schedule PTE-RP use?
For 2025, line 14 multiplies line 13 by 9.85% (.0985). This is the PTE tax attributable to resident partners and is entered on Schedule PTE, line 30.
What if the total from Schedule KPINC, line 31, is negative?
Leave Schedule PTE-RP, line 3, blank and enter the amount as a positive number on line 11.
What bonus depreciation can be included on line 9?
Include 20% of the bonus depreciation on your 2021, 2022, 2023, and 2024 Schedule PTE, line 1, attributable to partners who were Minnesota residents in 2025. Also include 20% of bonus depreciation reported to a partner who was a Minnesota resident in 2025 and was included in the entity's composite filing, or had Schedule PTE fulfill their filing requirement, in 2020 through 2024.