ProSeries is entering a "Depreciation Adj" for amortization on Florida F-1120

Forum|Forum|3 months ago
April 2, 2026
2 replies
23 views

Has anyone noticed that ProSeries is entering a "Depreciation Adj" for amortization on new 2025 assets on Florida F-1120 page 3 Line 12?

This is duplicating the amortization deduction on the FL return since it is already in the Federal net income/loss from the Federal 1120 where FL starts.

ProSeries Professional

C

ClintCPAAuthor

Level 5

This appears to be only occurring for newly added intangible assets in 2025. Existing intangible assets do not appear to be flowing through to this "Depreciation Adj"

C

ClintCPAAuthor

Level 5

Just following up with ProSeries on this issue.

Kathi_at_Intuit

Moderator

Hi @ClintCPA thanks for following up! We checked with support on this and found:

For Florida Form F-1120. Depreciation adjustments for new assets primarily involve non-conformity with federal Qualified Improvement Property (QIP) and bonus depreciation rules. It starts with the federal 1120, subtracts amortization and depreciation. The state adds it back in.
Schedule I is for additions; Schedule 2 is for subtractions, so it isn't deducting it once for the federal then for FL, it's adding it back.

If you need further assistance with this, we'd reach out to ProSeries Support.

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