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Level 2
posted Feb 28, 2023 8:10:31 PM

"Other Federal Adjustments"?...

I am filing state taxes for Georgia and North Carolina and I have no idea what it is referring to here...Where did the $426 come from?...

 9A5F9715-1B5B-4CCB-BCDE-70A939DF1C58.png

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1 Best answer
Employee Tax Expert
Feb 28, 2023 8:53:30 PM

So this is asking for the Georgia part of the adjustment- as I said before it would be tied to the self-employment- so to make it easy- was your Schedule C income tied to Georgia, North Carolina or both?  If it was Georgia, no entry is needed, if it was NC you can enter the $426 for other state.  If it was both, you will have to apply a percentage to allocate the amount between the two states based on time in each state, or income earned (just the schedule C income) in each state.  @777David 

 

 

3 Replies
Employee Tax Expert
Feb 28, 2023 8:26:59 PM

This looks like it is depreciation adjustment from a Schedule C, E , or F.  Did you have self-employment or rental income- look for 179 or bonus depreciation.

Level 2
Feb 28, 2023 8:31:07 PM

99F126D8-2E6E-4261-875C-237182A9A5F7.png

I am self-employed. I'm not sure if that helps. I'm not sure what to put in the box 😕

 

Employee Tax Expert
Feb 28, 2023 8:53:30 PM

So this is asking for the Georgia part of the adjustment- as I said before it would be tied to the self-employment- so to make it easy- was your Schedule C income tied to Georgia, North Carolina or both?  If it was Georgia, no entry is needed, if it was NC you can enter the $426 for other state.  If it was both, you will have to apply a percentage to allocate the amount between the two states based on time in each state, or income earned (just the schedule C income) in each state.  @777David