AmyC
Expert Alumni

State tax filing

@PMaher   Capital gains are not depreciated so there is no adjustment necessary for the AL return. Click continue and move on.

 

For properties placed in service from 2009 to the current year, the depreciation for Alabama should be the same as the federal depreciation. Yours is not property, simply capital gains. If this were say, a rental house, there would be calculating to do for years  from 1981 - 2008.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"