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intuit_3a3669e4bef2

Level 1

Question

What is (Sec 179 prior yr c/o)

Forum|Forum|3 months ago
June 15, 2026
1 reply
54 views

What is (Sec 179 prior yr c/o) how do I calculate it

TurboTax Online

Employee Tax Expert

Employee Tax Expert

Sec 179 prior yr c/o" stands for Section 179 Prior Year Carryover. This is an unused tax deduction from a previous year that you are moving forward to use on your current tax return. What's a Section 179 deduction?

The Section 179 Carryover amount is calculated on your prior year return, on Form 4562, page 1, section 1, line 13, "Carryover of disallowed deduction to 2025..."

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