Pass Through-Entities (PTEs) wanting to make a retroactive Pass-Through Entity Tax (PTET) election for Tax Year 2021 must do so on or before September 16, 2024.
Reminders about the Tax Year 2021 PTET
- Entities must file the Tax Year 2021 PTET electronically using a business account on our website (iFile). If you don't already have an account, you can set up one here.
- PTEs can make Tax Year 2021 PTET payments using the PTET-PMT eform or ACH credit.
- PTEs must make a payment either before or at the time they file the Tax Year 2021 PTET.
- There are no filing extensions or late filing options for the Tax Year 2021 PTET. Tax Year 2021 PTET returns will not be accepted after September 16, 2024, or without full payment of the Tax Year 2021 PTET.
More Information
Visit tax.virginia.gov/ptet for more information. For additional details, review our Retroactive Taxable Year 2021 Pass-through Entity Tax Guidelines (PDF).
