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aquitisap
New Member

Section 179 expense deduction disallowed keeps changing, and I can't find the error. Can someone walk me through it?

 
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2 Replies

Section 179 expense deduction disallowed keeps changing, and I can't find the error. Can someone walk me through it?

it would change if business changes becuase its limited to business income. ir would also change if the tax basis of the 179 assey changed. 

MaxA1
Expert Alumni

Section 179 expense deduction disallowed keeps changing, and I can't find the error. Can someone walk me through it?

Sec 179 deduction cannot exceed your net taxable business income for the year, and special limits apply to vehicles.  So if you're business income keeps changing due to income and/or expenses that you are adding on your return, this may be the reason why your disallowed amount keeps changing.

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