State tax filing
The special depreciation is added back on Schedule A, Line 7. To accomplish this you go through the Ohio interview and watch for this question:
- Any Pass-Through Entities? - There will be a box to enter your amount from your K-1.
- See the worksheet to calculate your addback by using OH IT-1040 Instructions (page 30). The addback fraction is determined based on the deduction period.
- If you need to addback for your business you can do that on the 'Here's the income that Ohio handles differently page by scrolling to the Business section and selecting Bonus Depreciation addback
- [Edited: 03/03/2021 | 5:48a PST]
