Shaun
Level 1
06-11-2020
08:51 AM
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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?
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