05/13/2026
📍 California small business owners — friendly reminder about your upcoming PTE payment
If your S-corp, partnership, or LLC made a Pass-Through Entity (PTE) elective tax election last year, and/or you want to make the election for 2026, your initial payment is due on or before June 15, 2026.
Pay the greater of:
↳ 50% of last year’s PTE elective tax, OR
↳ $1,000
NEW in 2026:
Miss the June 15th deadline? You can still make a valid PTE election for the year — but your credit gets reduced by 12.5% of the unpaid amount. In plain English: real dollars off your tax savings.