- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
The $22,314 addition is an adjustment for bonus depreciation taken at the federal level. Georgia does not recognize bonus depreciation, so it is added back to determine total income. The $295 subtraction is the state depreciation. The $436 loss is the amount of income/loss applicable to Georgia after the adjustments. You will have to track your passive losses at the state level independently.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 14, 2022
7:40 PM