Hi, I'm in the middle of refiling an amended Federal tax return for 2018 to take advantage of the rule change for QIP. Since California does not conform to Federal tax for bonus depreciation, do I need to refile a California return? I was thinking about it because my changes on the Federal tax return will affect the Fed CA difference amounts.
Thanks in advance for any assistance.
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I would amend CA so both of Federal and State reportings are consistent. I understood CA tax liability did not change.
Does the CA tax liability change?
No the CA tax liability didn't change, but my schedule K changed column c changed. Does that matter?
I would amend CA so both of Federal and State reportings are consistent. I understood CA tax liability did not change.
Thank you!
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