Where is section 179 expense reported on Illinois tax forms?
My Schedule K-1-P Step 4 line 31 shows -817.00 (column A and B) and is a section 179 expense. Where do I report this on my Illinois tax forms? Is it added on Schedule M Step 3 Line 13 or somewhere else?
EDIT: Yes it flows through to me as a partner on the K1.
Yes, I report K1 as self employment income on Sched E. (Not C). 179 is also reported on Sched E for federal.
Not sure where it goes for state though...