Syndication tax for members

[Tracy Wang]

Hi I am CA resident and invested in two syndicate deals over the past two years. The syndicate property are located in GA and AZ.   despite the loss each year, I have been e-filing state tax separately for GA and AZ. My question is more focused on passive loss carryover at state level. . Is there a need to record the loss carryover amount for all the threes states CA/GA/AZ ? I had two different CPAs over the past two years and their filing are different. And one did all the three state carryover but the state level carryover amount  is way smaller than federal. The most recent one did only for CA and the carryover amount is the same as federal. Before I ask for any clarification from them, I’d like to get some advice here. Thanks a lot for your feedback!

[Joseph Palmiero]

You would need to maintain a seperate loss carryover for each state.  State loss carryovers can be different compared to federal due to different depreciation rules.