Ct Ptet Election 2024

Ct Ptet Election 2024. Is the pte tax statute elective or mandatory (only connecticut's is mandatory so far)? The deadline to opt in is march 15, 2024.

In response to the federal constraint on the itemized deduction for state taxes paid, most states enacted ptets, but ct is the only state that enforced a mandatory ptet. What percentage of ownership is required to make the election and what is.