AmyC
Expert Alumni

Get your taxes done using TurboTax

Maybe. Thanks for the extra information. MA has a depreciation adjustment when a taxpayer claims bonus depreciation on the federal return.  For the year property is placed in service and subsequent years, a taxpayer must calculate Massachusetts depreciation as if the taxpayer elected not to utilize the bonus depreciation allowance.

 

You can look on your Form 4562 for Sec 179 or bonus depreciation. For guidance, see Massachusetts Department of Revenue Issues Guidance.

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