can you take 100% federal bonus depreciation for the federal return and take a Section 179 deduction for the state?

accoun5 · ‎05-01-2020

For a 2019 return for property that qualifies for 100% federal bonus depreciation as well as Section 179, can you take 100% federal bonus depreciation for the federal return and take a Section 179 deduction for the state?

sjrcpa · ‎05-01-2020

Depends on the state. Most follow the federal, and then apply their limits.

The more I know, the more I don't know.

qbteachmt · ‎05-02-2020

This is a duplicate, asked twice, here:

https://proconnect.intuit.com/community/lacerte-discussions/discussion/do-you-have-to-opt-out-of-bon...

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can you take 100% federal bonus depreciation for the federal return and take a Section 179 deduction for the state?

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