Doing an 1120s Return for my buinsess in Turbo Tax Desk Top. I am taking a 30% solar credit for a project placed in service in 2022. On the federal depriciation schedule I have to reduce the basis by 50% of the solar credit (15% of total equipment value). For CA state return I do not need to reduce the the basis of the asset.
Is there a way to put the cost of the asset in the federal return and then reduce the basis by 15%. Or create a slavage value for that amount. The software has the basis flowing through to the state return and I cannot fine a way to make them different.
