How do I record a section 179 deduction in my turbo tax program?

[Mike9241]

the asset must be entered under the business entity that bought it - you'll come to a page with a link for assets and depreciation (this is for non-vehicles) and another link for cars, trucks, and other vehicle expenses. choose the appropriate one and the program will take you through the steps to take 179

note that there are 4 versions of online. you'll need premier or self-employed to do a schedule c or rental real estate.  Note that only the desktop - TurboTax Business (window only - 64-bit operating system) does business returns - S-corp (1120s), C-corp (1120), partnership (1065). trust or estate (1041)

[vanderploeg-dave]

What if I am a single entity LLC?