for an accrual basis tax payer can we deduct PTE for the year we paid? i know for california tax liability you are not allowd to deduct the state tax in the current year and only deduct PY so there is an M-1 ajdustment. does this apply to PTE payment ?

For taxable years beginning on or after January 1, 2000, a taxpayer that uses an accrual method of accounting incurs a liability for California franchise tax for federal income tax purposes in the taxable year following the taxable year in which the California franchise tax is incurred under the Cal. Rev. & Tax. Code, as amended.