John Agnew, CFA, CFP®, RICP®, CLU® 5/31/22 John Agnew, CFA, CFP®, RICP®, CLU® 5/31/22

California Pass-Through Entity Tax — Updated for 2026

Name: The Wealth Collective, LLC
Address: 360 E 2nd St, Floor 8, Los Angeles, CA, 90012, US
Telephone: (310) 906-0313
Price range: $$$$

California's PTE elective tax has been extended through 2030 under SB 132. New rules for 2026 remove the hard June 15 disqualifier but add a 12.5% credit penalty for underpayments. Here's what changed.