MO-PTE Opt-Out: Missouri Resident Member Opt-Out of Pass-Through Entity Income Tax (2024)
Missouri · Missouri DOR · Used for tax years 2024
Form MO-PTE Opt-Out records a Missouri resident partner’s or S corporation shareholder’s election not to have pass-through entity income tax imposed on the business for items allocable to that member. The election applies to the business’s 2024 tax year and all subsequent tax yea
Who files this form
Form MO-PTE Opt-Out is for a Missouri resident partner or S corporation shareholder who elects not to have pass-through entity income tax imposed on the business for items allocable to that member.
This is an election, not a filing requirement for every member. The election applies to the business’s 2024 tax year and all subsequent tax years.
What you'll need
Have the following information ready:
- Business information: partnership or S corporation status, federal identification number, Missouri identification number if applicable, business name, email, and mailing address.
- Member information: name, Social Security number, and mailing address.
- Tax period: fiscal-year beginning and ending dates if not using the calendar year shown on the form.
- Signature information: taxpayer signature, printed name, date signed, and daytime telephone number.
You must also provide a copy of the completed form to the affected business entity for inclusion with its Missouri Pass-through Entity Income Tax Return.
How to file
- The partnership or S corporation completes Part 1. Select the business type and enter its identification and contact information.
- The Missouri resident member completes Part 2. Enter your name, Social Security number, and address, and review the election agreement.
- Complete Part 3. Sign and date the agreement, print your name, and include a daytime telephone number.
- Mail the completed form to:
Taxation Division
P.O. Box 3080
Jefferson City, MO 65105-3080
- Give a copy to the affected business entity to include with its Missouri Pass-through Entity Income Tax Return.
Common mistakes
- Leaving out your Social Security number. Providing it is mandatory. Missing it may lead to additional requests from the Department.
- Forgetting to sign or date the agreement. Both are required.
- Omitting a daytime telephone number. The form asks for one so the Department can contact you with questions.
- Not giving the business a copy. The form directs you to provide a copy for inclusion with the business’s Missouri Pass-through Entity Income Tax Return.
Questions people ask
Does this election apply only to 2024?
No. It applies to the partnership’s or S corporation’s 2024 tax year and all subsequent tax years.
Does opting out remove my individual income tax obligations?
No. You agree to file an individual income tax return under Section 143.481, RSMo, and timely pay Missouri taxes on income from the affected business entity for your corresponding 2024 tax year and all subsequent tax years.
What else am I agreeing to?
You agree to be subject to personal jurisdiction in Missouri for collection of Missouri income taxes, related interest, and penalties on income from the affected business entity.
Who completes each part?
The partnership or S corporation completes Part 1. The Missouri resident member completes Part 2 and signs and dates the agreement in Part 3.
Where can I ask questions?
Call (573) 751-4541 or email pteincome@dor.mo.gov.