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To clarify,
Where are you being asked about a state SDA?
Not sure what SDA means.
What form are you trying to enter or what are you trying to do that asks for this?
Also, which state?
In order to e-file TurboTax is telling me schedule C - car and truck expense worksheet: state SDA: special state depreciation allowance must be entered.
Ohio
If you took any 179 expense deduction on Form 4562, some or all may need to be added to the Ohio return.
Ohio only allows 25,000, so if you're above that amount, enter the difference.
To enter it, go to:
"In the Ohio program you will reach a screen titled "Here's the Income that Ohio Handles Differently".
Scroll down to
-Business
Business depreciation add back"
(Hal_Al TT Answer )
If TurboTax doesn't give you the number, look on your Form 4562.
Look under Part V under the column (i) Elected section 179 cost
schedule C Real Estate Sales/ Management SDA Qualified Property:
Line 36-i
Federal Return in the State of Florida
Special Depreciation Allowance Qualified Property checkboxes on Schedule C lines 36 a to 35 i
It was not a question about the State return...Turbo Tax asked me to seek help on determining Special Deprec. Allowance for my 2014 chevy Captiva I use only for business
Schedule C lines 36 a to 36 i
I'm from Florida in the Real Estate Business
yes
im being asked to check this on schedule c. regarding my asset an iphone
"SDA" may mean Special Depreciation Allowance, as it does for the IRS. You could check your state's Department of Revenue website for information.
For the Federal SDA, see this IRS article on depreciation and recapture:
(An iPhone is in the same category as a computer for this purpose)
You may be able to deduct the acquisition cost of a computer purchased for business use in several ways:
Qualified property is:
• Tangible property depreciated under MACRS with a recovery period of 20 years or less;
• Computer software defined in and depreciated under section 167(f)(1);
• Water utility property (see 25-year property, later); and
• Qualified film, television, and live theatrical productions, as defined in sections 181(d) and (e)
See also IRS Publication 946 for more information.
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