California Section 179 $25k limit

xavieryucpa · ‎03-31-2021

How do we input California's limitations on IRC Section 179 Previewdeductions (max $25,000) in the Individual module for a rental property asset?

abctax55 · ‎03-31-2021

The software does it automatically.

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xavieryucpa · ‎03-31-2021

I guess I need to call Lacerte. It doesn’t appear to automatic when it comes to California state. It is automatic for federal. Thank you!