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February 21, 2021
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De minimis: 2020 Alabama 40/40NR Schedule E

  • February 21, 2021
  • 1 reply
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The context is de minimis expenses related to a rental property (single family home) - small capital improvements that can be expensed if < $2500.

 

Does Alabama allow deduction of de minimis expenses on the 2020 Alabama Form 40 Schedule E?

 

What about the 2020 Alabama 40NR Schedule E?

    Best answer by ErnieS0

    Alabama uses federal rental information without adjustment. If you expensed capital improvements on your federal return, you do not have to make any changes on AL.

    1 reply

    ErnieS0Answer
    February 21, 2021

    Alabama uses federal rental information without adjustment. If you expensed capital improvements on your federal return, you do not have to make any changes on AL.

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    biz23058Author
    February 24, 2021

    OK, thanks!