How/where do I claim the section 179 to expense the entire cost of property, used in a business in the first year acquired instead of depreciating over useful life?

[hawilder0706]

I purchased an owner occupied rental and made just over $17k of improvements prior to occupancy. Where do I deduct these?

[MindyB]

You can navigate to the rental property section and add an asset to claim depreciation. You'll be given the option to take 179 or bonus, when the asset qualifies.

Here's how to do this in TurboTax Online:

1. Navigate to Federal > Wages & Income > Rental Properties and Royalties (Sch E)
2. Edit the rental using the pencil icon
3. Navigate to Assets, choose pencil icon if you have an asset already set up.
4.  Now, you can add new assets. 

[Mike9241]

946This forum does not know what the business is or what the improvements were. Not all may qualify. Check the Section 179 part of PUB 946. If you have further questions, add them to this thread.

PUB 946 

The 179 deduction is limited to a business's profit before the deduction