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State tax filing
PSsmith1260, did you ever get this question answered? I have same situation as yours for CA state return... wondering how to handle a positive number in Gain Subject to Recapture under Adjusted for Bonus Depreciation column on the K-1. In other words, do I add to the Regular Gain Subject to Recapture number (which in my case is also positive) or report the number as it is ?
Thanks for any advice,
‎July 11, 2021
11:22 AM