Sracpa
Level 2

I am preparing an S corporation return with a federal and state difference related to a section 481(a) adjustment, (prior year depreciation difference when filing a form 3115). How do I record this federal and state difference on the form 8825 and the K-1. The federal 481(a) adjustment is recorded in other expenses on the federal return.

Thanks for you help.

0 Cheers