Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

NC Bonus depreciation adjustment - 2019

Shaun
Level 1

I have a client that purchased two vehicles in 2019 and we are taking 100% Bonus depreciation on the federal return (on Schedule F.) NC does not allow 100% Bonus Depreciation. NC requires that you add back 85% of the Bonus Depreciation. The program is not making the adjustment. It shows $0 add back. Any ideas why this is happening?

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here