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I have a GA resident client who has CO rental property with a passive loss limitation.The CO return was filed as nonresident. The GA return is marked resident. ...
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When I click on Forms, I'm not able to select "Change Activity". It's grayed out.Do you know why this would be?Thanks.
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That makes sense.Thank you.
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Ok. I thought that even though business use was above 50% that an adjustment was needed for the drop to 53.56%.Thanks for your help.
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I must not have been clear in my explanation.The TP purchased the vehicle for his only business in 2024 and deducted the maximum sec. 179 and bonus depreciation...