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Where is the check box that makes the state of CA balance sheet the same as the federal balance sheet for S corps?

dougthorburn
Level 2
 
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George4Tacks
Level 15

Because you have K-1 and there are state and fed differences, I believe there is no such entry. CA is becoming aggressive in tracking shareholder basis differences. 


Answers are easy. Questions are hard!

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George4Tacks
Level 15

Because you have K-1 and there are state and fed differences, I believe there is no such entry. CA is becoming aggressive in tracking shareholder basis differences. 


Answers are easy. Questions are hard!