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Level 2
Feb 10, 2023 11:19 PM UTC
Question

MA depreciation difference

Where do you enter the accumulated depreciation for Massachusetts differences due to prior year bonus depreciation for schedule E rental property?  The current year Massachusetts depreciation calculated by TT is incorrect and should not be the same as the federal.

2 replies

MaryK4
Alumni - Intuit
Feb 12, 2023 7:02 PM UTC

In the Massachusetts state section, look for the Do you have any Massachusetts differences to report? (see below).  You have to enter the difference on the page that follows.

 

 

 

 

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MLMAAuthor
Level 2
Feb 13, 2023 6:58 PM UTC

Thank you.  That worked.