Illinois CRE Brokers

Unlock Tax Savings with the Illinois PTET

Your step-by-step guide to optimizing the Pass-Through Entity Tax (PTET) for your LLC/S Corp. 

As a commercial real estate broker in Illinois earning commission income through an LLC taxed as an S Corporation, you have access to a powerful tax-saving strategy: the Pass-Through Entity Tax (PTET).

Discover how PTET helps you: 

• Bypass the $10,000 SALT deduction limit on federal taxes.

• Claim a dollar-for-dollar credit on your Illinois personal income tax.

• Maximize federal tax deductions and retain more of your commission earnings.

   

Inside this Free Guide, You’ll Learn:

• Clear step-by-step instructions on electing and paying PTET.

• Critical deadlines to ensure compliance and avoid penalties.

• How to accurately claim your PTET credit on your Illinois tax return.

• Estimated federal tax savings based on your specific income level.