RisingStar - thank you for the excellent explanation. I see what you are saying about Bonus Depreciation so I understand the financial math. Makes total sense that the difference cancels out.
20Z is a chart, state-by-state that gives the "unallowed" amounts that would be used as a yearly adjustment for your state return. For the MLP in question, CA is not a state in the chart. Is there another place I need to look for unallowed losses? (The total amount question is a rather small number.) Sorry if this is a naive question.
