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Why is there a "Depreciation and Section 179 deduction" on my MA state Schedule C return?
Where does the amount for Schedule C Line 11 "Depreciation and Section 179 deduction" on the MA State return come from in Turbotax? I cannot trace this back to my Federal Return and it causes my MA and Federal Schedule C Net Profit to be different.
My MA state return shows a depreciation adjustment of $10 on an activity worksheet. It causes a Federal/State adjustment of $10. I was never prohibited from taking a full Section 179 deduction in prior years and there is nothing in the Federal worksheets or depreciation tables that I can trace this back to.
How can I determine what is causing this adjustment in Turbotax?
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‎April 4, 2021
7:25 AM