I have S-Corp in California and live in Texas, got multiple question

[limo]

I have S-Corp in California and live in Texas, got multiple question.

1. I am adding assets for Depreciation, and it says - The section 179 limit for Texas for assets is $25000. Why it says Texas? Texas Section 179 Expence Field. Never had to deal with that. I double checked that corporation has only California state selected and it has California address. What S-corp has to do with Texas? It drives me crazy. Last year I did with TaxAct and did not have this kind of issue. Please help

2. Once I will hopefully file and receive Schedule K-1. Do I need to file my personal taxes for both states? I will receive Schedule K-1 from s-corp which does business in California and I live in Texas

[RobertB4444]

1.  It's going off of your personal address.  179 deductions are carried over to the shareholders' personal return and deducted there. Your address is Texas and you are subject to Texas limitations.  Use the address for the business in California for your shareholder address and you will get past this limitation.

2.  Texas has no individual state tax filing requirements.