Asset report for state tax

[Former Member]

Hi Friends,

How to get a report for state tax purpose for retirement, where the bonus depreciation was not allowed. (State tax accumulated depreciation is different than the federal accumulated depreciation).

A report for state tax without assets having bonus depreciation.

Thank You,

Joseph

[Former Member]

Hi,

You can have a separate depreciation area for this purpose.

Warm Regards

[Former Member]

Hi Milind,

Thank you for your answer. We have separate dep area (10-MACRS) for using dep key with bonus depreciation. But I hardly found any report with the combination of retirement and bonus depreciation.

Regards,

Joseph