You'll need to sign in or create an account to connect with an expert.
In the Business Income and Expenses section, scroll down to Business Assets and click [Start] or [Update] next to Assets Being Depreciated.
The interview will guide you through a series of questions about each of your "big ticket" items and explain the guidelines for depreciating such assets or taking advantage of first-year expensing under Sec. 179.
In the Business Income and Expenses section, scroll down to Business Assets and click [Start] or [Update] next to Assets Being Depreciated.
The interview will guide you through a series of questions about each of your "big ticket" items and explain the guidelines for depreciating such assets or taking advantage of first-year expensing under Sec. 179.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
sarosenthall
Returning Member
fundunski
New Member
sam992116
Level 3
uchatwani
Level 1
RachelM
Returning Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.