I purchased $1500 worth of computer hardware in 2022, the same year it was put into use. I didn't depreciate it in previous years. Turbotax shows the 199A Worksheet by Activity and says "Use the form below to enter any Section 179 Carryover for this business activity. Enter both Section 179 Regular Tax and Section 179 QBI information, if applicable." I don't understand this at all. Is this related to depreciation or something else? I'm not sure what, if anything, I should enter.
posted
last updated
May 01, 2025
7:58 PM