Does turbotax home and business cover depreciation...
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urcreepy
New Member

Does turbotax home and business cover depreciation, specifically the section 179 deduction?

 
3 Replies
VolvoGirl
Level 15

Does turbotax home and business cover depreciation, specifically the section 179 deduction?

Yes.  The Online Self Employed version should too.

VolvoGirl
Level 15

Does turbotax home and business cover depreciation, specifically the section 179 deduction?

Screen Shot of Windows Home & Business

Asset Sec 179.jpg

AmeliesUncle
Level 11

Does turbotax home and business cover depreciation, specifically the section 179 deduction?

But in many or most cases using the Special Depreciation Allowance (Bonus depreciation) is better than using Section 179.  So you many want to use that instead.

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