DPeronteau
Level 2
05-23-2021
12:11 PM
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Hi All -
With the passage of California AB-80, I have a few clients that will NOT qualify for the 25% drop requirement.
I have not seen guidance on where we can post this SB-80 non-deductible expense because they don't qualify.
If I try and fiddle with the expenses, it also fiddles with the Federal return. Any guidance on where to post this amount would be greatly appreciated.
thank you,
Dale Peronteau
American Eagle Consulting, Inc.
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Just-Lisa-Now-
Level 15
05-23-2021
01:03 PM
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what type of return are you referring to?
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
DPeronteau
Level 2
05-23-2021
02:17 PM
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Hi Lisa,
I guess that would help. 1120s fed and 100s State of California.
thanks,
Dale