AmyC
Expert Alumni

Get your taxes done using TurboTax

Thanks for the information. From 2002-2018, there were state adjustments possibly made.  My bet for your truck is the federal and state depreciation will be the same but to be sure, check your federal 2017- when you started taking depreciation - and see if you have an additional bonus depreciation (this includes Sec 179 for other readers).

 

A Massachusetts taxpayer that claims bonus depreciation for federal purposes must calculate a separate depreciation schedule for purposes of claiming depreciation on the Massachusetts personal income tax 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.

 

There is also a state adjustment for some automobiles. 

 

Therefore, if your prior year state returns, have no depreciation adjustment, this would not apply to you.

@sewshelbyjane 

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