Does New York Offer a Pass-Through Entity Tax Election?

Yes. The current New York profile lists a pass-through entity tax election with a rate of Tiered PTET rates up to 10.9%.

What the Current State Tax Profile Shows

Do not hardcode city PTET or proposal language without checking the current New York PTET guidance.

Why This Matters for LLC Owners

LLC owners often look only at federal pass-through treatment and miss the separate state layer. The checked-in tax profile for New York is meant to reduce that risk by keeping the rate, election, registration, and source-link details in structured JSON that can be refreshed later.

Official Sources

• New York IT-201-I instructions
• New York PTET page
• New York corporation tax resource center
• New York sales tax registration bulletin