1333567

In Texas, filling out my K1 portion of taxes. when it comes to the state depreciation Texas is Not listed. do i use the "XX-tcja misc 2% non conforming state"

or do i use "no entry"

posted

Connect with an expert

1 Reply

In Texas, filling out my K1 portion of taxes. when it comes to the state depreciation Texas is Not listed. do i use the "XX-tcja misc 2% non conforming state"

Use No Entry.

Conforming generally means that the State does not conform to Federal Depreciation guidelines.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post