Hi All,
Can anyone confirm if this ability to update depreciation tables applies in Turbotax desktop to federal and state returns separately? My issue is that I need to keep California depreciation of foreign rental property consistent with the Fed methodology. Turbotax defaults to the California depreciation methodology which is inconsistent with my previous tax submissions for these foreign properties. So I want to update the CA depreciation only and cannot do that on Turbotax online. I would switch to Turbotax desktop if that allowed me to update CA depreciation only. I did not use TurboTax in previous years and need to be consistent with my previous tax submissions and tax preparer advice.
thanks
Alex
