Can i depreciate my car on my state return for my financial planner business if i depriciated it on my federal return

[CherylW · Accepted solution]

If you've already depreciated your car once on your federal, you don't need to depreciate it again for state:  the state goes off the adjusted gross income, which already has your depreciation figured in.

Some states have different depreciation than the federal.  If you live in a state that does, Turbo Tax takes that into account.