I want to elect De minimis safe harbor for small business. Should I input the asset in the depreciation screen 22 and make an election 1.263(a)-3(h) on screen 46? Does California conform with De mi...
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I want to elect De minimis safe harbor for small business. Should I input the asset in the depreciation screen 22 and make an election 1.263(a)-3(h) on screen 46? Does California conform with De minimis safe harbor for small business? If yes, how and where do I make this election for California?
Does Caflifornia conform witth the Fed related to the De minimis Safe Harbor for small tax payer? I made an election on screen 46 for the Fed to expense a furnace that cost $2200 for one of my resid...
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Does Caflifornia conform witth the Fed related to the De minimis Safe Harbor for small tax payer? I made an election on screen 46 for the Fed to expense a furnace that cost $2200 for one of my residential rental property. Where can I input this election for State, if it is allowed? Please advise. Thanks.
I imputed $170 of foreign tax paid by an S corporation on screen 27 - Other Schedule K Items. My California ending liabilities and equity is out of balance by the same amount of $170. How do I fix i...
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I imputed $170 of foreign tax paid by an S corporation on screen 27 - Other Schedule K Items. My California ending liabilities and equity is out of balance by the same amount of $170. How do I fix it. Thank you.