SCorpDesk / 2026 S-Corp & QBI Guides / Massachusetts (MA) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
Massachusetts (MA) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
What are the 2026 S-Corp tax and PTET rules in Massachusetts?
In Massachusetts (MA), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form 355S). For the Pass-Through Entity Tax (PTET) deduction: 5.00% Massachusetts Chapter 63D ELT (PTET). Entity-level franchise/minimum tax: $456 Minimum Excise Tax (+ Net Income Excise if receipts >= $6M).
In Massachusetts (MA), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form 355S). For the Pass-Through Entity Tax (PTET) deduction: 5.00% Massachusetts Chapter 63D ELT (PTET). Entity-level franchise/minimum tax: $456 Minimum Excise Tax (+ Net Income Excise if receipts >= $6M).
Open Massachusetts 2026 S-Corp & 20% Permanent QBI Calculator
2026 Massachusetts (MA) S-Corporation Statutory Tax Matrix
| Massachusetts S-Corp Compliance Area | 2026 Statutory Rule |
|---|---|
| State S-Corp Election Recognition | Recognizes Federal Form 2553 (Form 355S) |
| Pass-Through Entity Tax (PTET) Election | 5.00% Massachusetts Chapter 63D ELT (PTET) |
| Annual Minimum / Franchise Tax | $456 Minimum Excise Tax (+ Net Income Excise if receipts >= $6M) |
| Federal Section 199A QBI Deduction | Up to 23% of qualified K-1 income under Public Law 119-21 |
| Home Office & Mileage Deduction Method | Must use an IRC Section 62(c) Corporate Accountable Plan |
Frequently Asked Questions
Does Massachusetts require a separate state S-Corp election in 2026?
For Massachusetts (MA): Recognizes Federal Form 2553 (Form 355S).
What is the Massachusetts S-Corp franchise or minimum tax for 2026?
In Massachusetts: $456 Minimum Excise Tax (+ Net Income Excise if receipts >= $6M).