CCH Axcess Tax

X to Treat State-if-Different Assets as Book Assets

The depreciation entries on Business, Rent and Royalty, Farm/4835, Passthrough Items worksheets, Depreciation and Amortization section, State Column with a blank "State/Book" code will be treated as book assets if this field is entered. Assets also will be treated as book assets if they are coded "BK" in the "State/Book" code column of Business, Rent and Royalty, Farm/4835, Passthrough Items worksheets, Depreciation and Amortization section, State Column.

See Also

Code for AMT/ACE Detail on Next Year Depreciation Report

X to Prepare Form 4562 if NOT Required


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