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"
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.
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