Louisiana Pass-Through Entity Tax Election

Pass-Through Entity Tax Election
R-6980: Pass-Through Entity Tax Election
R-6980 (1/26)

Pass-Through Entity Tax Election

Email completed form to

Louisiana Revised Statute 47:287.732.2

[email protected].

Complete this form and provide the required documentation as listed in the instructions to receive acceptance of the pass-through
entity tax election.
If the entity does not have an account for corporation income tax, the Louisiana Department of Revenue (LDR) will register the entity
for a corporation income tax account upon acceptance of this application.
Legal Name

Mailing Address

City

1.

State

Effective Date for Election

4.

Entity Type

7.

Principal Place of Business

9.

Nature of Business Operation

2.

Federal Employer Identification Number

5.

10. NAICS Code

3.

LDR Account Number

Fiscal Month

11. Date Louisiana Charter Issued (mm/dd/yyyy)

ZIP

6.

Federal Form Filed

8.

Telephone

12. Louisiana Charter Number (issued by Louisiana Secretary of State)

NOTE: APPLICATIONS SUBMITTED WITHOUT THE REQUIRED DOCUMENTS ATTACHED CANNOT BE PROCESSED.
Signature of Verifcation
Under penalties of perjury, I declare that I have examined this application and accompanying schedules and statements, and to the best of my knowledge and
belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Signature of Officer

Title

Individual or Firm Signature of Preparer

Date (mm/dd/yyyy)

Telephone

Date (mm/dd/yyyy)

Telephone

Email Address

Print Preparer’s Name

Preparer’s Signature

Date (mm/dd/yyyy)
Check

PAID
PREPARER
USE ONLY

Firm’s Name

➤

Firm’s FEIN

➤

Firm’s Address

➤

Telephone

➤

■

if self-employed.

PTIN, FEIN, or LDR Account Number
of Paid Preparer
For Office
Use Only

R-6980i (1/26)

Instructions for Pass-Through
Entity Tax Election

Documentation
Louisiana Administrative Code 61:I.1001(B) requires the following documentation to make the election:
1. Shareholders, members, or partners holding more than one-half of the ownership interest in the entity based upon capital account
balances on the day the election is made shall approve the election. To document shareholder approval, provide LDR either of
the following:
a. Resolution signed by secretary of the corporation or equivalent officer or manager verifying that more than one-half of the
ownership interest in the entity based upon capital account balances approved the election
b. Other written proof that more than one-half the ownership interest in the entity approved the election
2. A list of all owners, their addresses, and their tax identifcation numbers as of the last day of the taxable year to which the election
is effective must be provided.
3. Federal returns for the entity for the preceding three taxable years, if applicable, including form K-1s and pass-through or
disregarded entity forms, such as Schedules C, E, and F, must be provided.
4. Formation documents of the entity, such as the Articles of Incorporation, Partnership Agreement, or Operating Agreement, which
specifcally set forth how profts, losses, and other tax items are distributed to the owners must be provided.
5. A list of all unused Louisiana net operating losses, tax credit balances, and other tax items earned at the entity level prior to the
election must be provided.
General Information
Any entity who fles a composite partnership return pursuant to La. R.S. 47:201.1 is prohibited from making the election. Also, for
taxable periods beginning on or after January 1, 2026, ACT 382 of the 2025 Regular Session will not allow S Corporations who fle
a composite tax return to make this election. An election, once made, is effective for the entire taxable year for which it was made,
as well as all subsequent taxable years, until the election is terminated. Form R-6980, Pass-Through Entity Tax Election, must be
submitted at any of the following times:
1. Any time during the preceding taxable year of the year in which the election is frst effective
2. Any time during the taxable year in which the election is frst effective
3. On or before the 15th day of the fourth month after the close of the taxable year in which the election is frst effective
The Secretary has the discretion to treat an election made after the ffteenth day of the fourth month after the close of the taxable
year in which the election is frst effective as timely if reasonable circumstances exist for the entity’s failure to make a timely election.
Instructions
Enter the legal name and mailing address for the entity in the space provided.
Line 1 - Enter the effective date for the election. This is the frst
day of the income tax period for which the election is
applicable.
Line 2 - Enter the Federal Employer Identifcation Number (FEIN)
for the entity.
Line 3 - Enter the LDR Account Number for the entity.

Line 6 - List the type of federal form fled for the last tax year fled.
Line 7 - Enter the primary Louisiana office location. Provide a
physical address of the primary location: street address,
city, state, and zip code.
Line 8 - Enter the telephone number of the entity.
Line 9 - Describe the nature of the business operations in
Louisiana.

Line 4 - Enter the entity type. Examples are Single Member
Limited Liability Company, Limited Liability Company
with more than one member, Limited Liability Partnership,
Publicly Traded Limited, Partnership, Non-Publicly
Traded Limited Partnership, General Partnership, etc.

Line 10 - Enter the North American Industry Classifcation System
(NAICS) code for the entity.

Line 5 - Enter December if the entity fles on a calendar year
basis. If the entity fles on a fscal year basis, enter the
month, that the period ends.

Line 12 - Enter the charter number assigned to this entity by the
Louisiana Secretary of State.

Line 11 - Enter the date (month, day, year) the Louisiana charter
was issued.

Paid Preparer - If your return was prepared by a paid preparer, that person must also sign in the appropriate space, complete the
information in the “Paid Preparer Use Only” box, and enter his or her identifcation number in the space provided under the box. If
the paid preparer has a Preparer Tax Identifcation Number (PTIN), the PTIN must be entered in the space provided under the box;
otherwise, enter the FEIN or LDR account number. If the paid preparer represents a frm, the frm’s FEIN must be entered in the “Paid
Preparer Use Only” box. The failure of a paid preparer to sign or provide an identifcation number will result in the assessment of
the unidentifed preparer penalty on the preparer. The penalty of $50 is for each occurrence of failing to sign or failing to provide an
identifcation number.