Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
biz23058
Level 2

De minimis: 2020 Alabama 40/40NR Schedule E

The context is de minimis expenses related to a rental property (single family home) - small capital improvements that can be expensed if < $2500.

 

Does Alabama allow deduction of de minimis expenses on the 2020 Alabama Form 40 Schedule E?

 

What about the 2020 Alabama 40NR Schedule E?

1 Best answer

Accepted Solutions
ErnieS0
Expert Alumni

De minimis: 2020 Alabama 40/40NR Schedule E

Alabama uses federal rental information without adjustment. If you expensed capital improvements on your federal return, you do not have to make any changes on AL.

View solution in original post

2 Replies
ErnieS0
Expert Alumni

De minimis: 2020 Alabama 40/40NR Schedule E

Alabama uses federal rental information without adjustment. If you expensed capital improvements on your federal return, you do not have to make any changes on AL.

View solution in original post

biz23058
Level 2

De minimis: 2020 Alabama 40/40NR Schedule E

OK, thanks!

Dynamic AdsDynamic Ads
Privacy Settings
v