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Yes, is there a box to check? This is necessary now for quite a few partnerships since the introduction of the CA PTE Tax.
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Yes, if only it were that easy. I have tried that as well. It still generates the election statement. Thank you though!
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Thank you! Unfortunately, there are no fixed assets on that screen with the box checked.
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I have done this step. Unfortunately, in the prior year program, the 2021 partnership program, I had made a blanket election to not claim bonus depreciation on ...
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I am unable to override the election statement to opt out of bonus depreciation which was carried forward (proforma'd) from the prior year program. I had made a...
