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Why did turbotax make changes to Desktop California Schedule E Today?
I completed my 2021 Federal and CA State return yesterday and printed off. Today I opened Turbotax today (8/4/2022) and it updated the CA software (I am running Home and Business DESKTOP).
I got a big surprise as my CA return changed from significant CA refund to now owing CA taxes. What is going on with Turbotax making changes in August? When I look through the CA return it looks like the changes come from updates to differences between Federal and CA depreciation in schedule E for rental properties. Seems odd the changes happen in August.
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‎August 4, 2022
1:21 PM