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The problem is the amount of "net coupling modification" is much higher than the amount over $25,000.
So the "net decoupling modification" on my K1 is 14856. This number comes from Form 500DM from the S-Corp. On the 500DM from the S-Corp, I see the below. 26948 is the total assets the business put into operation in 2012. All 26948 of assets we took the section 179 deduction. I don't get how column 2 is calculated, where does the 12092 come from? 26948 - 12092 = 14856. The 14856 is seen on my K1 under "net decoupling modification". I am the only member of the s-corp. This 14856 is definitely more than the amount I feel I should decouple, which is 26948 - 25000 = 1948. This is done in TurboTax. Is my net decoupling modification incorrectly calculated by TurboTax?
No worries, I figured it out. The high number is XXXXX I Maryland disallows a full Section 179 deduction for "canned software". You lead me in the right direction, thanks