dd4vols
Level 10
Level 10

Is the Federal Return a  Corporatiion/S Corporation?  if so...go to the asset entry worksheet, and scroll about halfway down and make sure TN is showing up in the State Depreciation blank.

if it's a  single member LLC..Schedule C, it's really a moot point, because there is no state income tax on 'profits' , except it might impact the net fixed assets in the Franchise Tax calculation.  If it's a single member LLC schedule F,,,ProSeries doesn't support that for us... only for the more important states of Cal and Tex.

If you used the Fixed Asset Manager, and then imported, make sure you selected "state' as one of your choices on depreciation calculations.

Tennessee has decoupled from all the Federal bonus depreciation codes, but does conform totally with Sec 179.

If these don't help.... then get used to that wonderful 'on hold' jam at Intuit.

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