Form PTE-01, Withholding

All Idaho partnerships with nonresident individual partners must withhold income tax via Form PTE-01, unless the partner qualifies for an exemption.
UltraTax CS will print a separate voucher (PTE-01) for each qualifying partner that has distributable income of $1,000 or more, is not included in a composite return, or didn’t complete a Nonresident Owner Agreement.
Each voucher should be sent to the state with payment and a Partner Listing Form PTE-12 is attached to the main return.
To indicate that a nonresident partner is exempt from withholding, mark the appropriate checkbox under
Setup
,
Partner Information
, then
Idaho
tab.
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