2009713
I've entered my new assets into Turbotax. I would like to use the sec 179 deduction for all eligible assets. I've claimed my state maximum depr, but when I enter the state amount for additional assets ($0), I still get an error message that I've exceeded the state maximum. This is going to cost a significant amount in Federal taxes if I can't get this figured out. I've deleted all assets and reentered them with the same result. I am positive I am only claiming the maximum allowed by my state.
Any suggestions?
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Could your please clarify what program you are using and what type of assets you are adding (busness or rental)) so we can better answer your question? What state?
Turbo tax home & business. I'm adding a farm asset. I'm filing in Indiana.
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