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Level 3
March 6, 2023
Solved

Where to find Common Federal vs. State Adjustments?

  • March 6, 2023
  • 2 replies
  • 15 views
Is there a good resource for common Federal vs. State adjustments to income? 

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Best answer by abctax55

I always thought the slogan "it's like a whole other country" is more suited for CA than TX.  This is especially true for taxes! 😉


I really hate the East Coast States, particularly New York.  

CA is easy.... well, for me as I've practiced in CA for years (er, decades...)

2 replies

itonewbie
Level 15
March 6, 2023

The most common ones are right on the main input screens.  These will be in the form of line items, sometimes within another tab of that same input screen.  Other state adjustments will be found under State - these are listed by states and schedules.

---------------------------------------------------------------------------------Still an AllStar
kelly6Author
Level 3
March 7, 2023

Thank you.

I'm not sure I quite follow what you mean here though.

What I'm hoping for is - a one sheet by state, that has a list of common adjustments that need to be made.

 

EG: California
*Adjust for State Tax

*Adjust Depreciation Schedule (bonus depreciation not allowed) 

*Etc.

 

Is there a good resource like that?

 

itonewbie
Level 15
March 7, 2023

IMHO, the best and concise resource is The Tax Book, which would have what you need by state.

---------------------------------------------------------------------------------Still an AllStar
abctax55
Level 15
March 7, 2023