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Bonus Depreciation on Commercial Property
We purchased a piece of property in PA in 2021 and had a cost segregation study performed. I can key in all the information on TurboTax Business, but when I then do my business PA return I can't figure out how to make it populate the line for a 481(f) special depreciation (it needs to get backed out of the state return, only applies on federal). Has anyone else had success getting this to work in the product?
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Bonus Depreciation on Commercial Property
Have you tried entering Forms Mode?
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Bonus Depreciation on Commercial Property
I have been all through the forms, and can even find the worksheet where this is an input ... i populate the fields, but then nothings is appearing in the final draft for the actual tax return to go to the IRS. Yet when I "print key worksheets" i can see the information populated.
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Bonus Depreciation on Commercial Property
You should probably just contact Support for this issue.
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