BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//Merchant Financial Advisory//MFA Insights//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:SALT Cap 2026: The $40\,400 Limit and the NJ and NY PTE Tax 
 Fix
X-WR-TIMEZONE:America/New_York
REFRESH-INTERVAL;VALUE=DURATION:P1D
X-PUBLISHED-TTL:P1D
BEGIN:VEVENT
UID:salt-cap-2026-nj-ny-pte-tax-0@mfa-advisory.com
DTSTAMP:20261015T053222Z
DTSTART;VALUE=DATE:20261231
DTEND;VALUE=DATE:20270101
SUMMARY:Last day to pay state and local taxes that count for 2026
DESCRIPTION:Taxes count in the year you pay them. Prepaid 2027 property t
 axes count for 2026 only if they were assessed in 2026.\n\nDetails: https
 ://mfa-advisory.com/blog/salt-cap-2026-nj-ny-pte-tax/\nGeneral informatio
 n\, not tax advice. Merchant Financial Advisory\, mfa-advisory.com
URL:https://mfa-advisory.com/blog/salt-cap-2026-nj-ny-pte-tax/
TRANSP:TRANSPARENT
BEGIN:VALARM
ACTION:DISPLAY
DESCRIPTION:Last day to pay state and local taxes that count for 2026
TRIGGER:-P7D
END:VALARM
END:VEVENT
BEGIN:VEVENT
UID:salt-cap-2026-nj-ny-pte-tax-1@mfa-advisory.com
DTSTAMP:20261015T053222Z
DTSTART;VALUE=DATE:20270101
DTEND;VALUE=DATE:20270102
SUMMARY:NY: 2027 PTET and NYC PTET election window opens
DESCRIPTION:Partnerships and New York S corporations can opt in to the pa
 ss-through entity tax for 2027 from Jan. 1 through March 15\, 2027.\n\nDe
 tails: https://mfa-advisory.com/blog/salt-cap-2026-nj-ny-pte-tax/\nGenera
 l information\, not tax advice. Merchant Financial Advisory\, mfa-advisor
 y.com
URL:https://mfa-advisory.com/blog/salt-cap-2026-nj-ny-pte-tax/
TRANSP:TRANSPARENT
BEGIN:VALARM
ACTION:DISPLAY
DESCRIPTION:NY: 2027 PTET and NYC PTET election window opens
TRIGGER:-P7D
END:VALARM
END:VEVENT
BEGIN:VEVENT
UID:salt-cap-2026-nj-ny-pte-tax-2@mfa-advisory.com
DTSTAMP:20261015T053222Z
DTSTART;VALUE=DATE:20270315
DTEND;VALUE=DATE:20270316
SUMMARY:NY: last day to elect PTET for 2027
DESCRIPTION:No late elections. The same window applies to the New York Ci
 ty PTET.\n\nDetails: https://mfa-advisory.com/blog/salt-cap-2026-nj-ny-pt
 e-tax/\nGeneral information\, not tax advice. Merchant Financial Advisory
 \, mfa-advisory.com
URL:https://mfa-advisory.com/blog/salt-cap-2026-nj-ny-pte-tax/
TRANSP:TRANSPARENT
BEGIN:VALARM
ACTION:DISPLAY
DESCRIPTION:NY: last day to elect PTET for 2027
TRIGGER:-P7D
END:VALARM
END:VEVENT
BEGIN:VEVENT
UID:salt-cap-2026-nj-ny-pte-tax-3@mfa-advisory.com
DTSTAMP:20261015T053222Z
DTSTART;VALUE=DATE:20270315
DTEND;VALUE=DATE:20270316
SUMMARY:NJ: BAIT election for tax year 2026 due (calendar-year entities)
DESCRIPTION:Made electronically by the original due date of the 2026 PTE-
 100. Cannot be made retroactively for an earlier year.\n\nDetails: https:
 //mfa-advisory.com/blog/salt-cap-2026-nj-ny-pte-tax/\nGeneral information
 \, not tax advice. Merchant Financial Advisory\, mfa-advisory.com
URL:https://mfa-advisory.com/blog/salt-cap-2026-nj-ny-pte-tax/
TRANSP:TRANSPARENT
BEGIN:VALARM
ACTION:DISPLAY
DESCRIPTION:NJ: BAIT election for tax year 2026 due (calendar-year entiti
 es)
TRIGGER:-P7D
END:VALARM
END:VEVENT
END:VCALENDAR