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State return says that schedule e worksheet section 179 should be blank as it only applies to current year assets. I have made changes yet still says it needs a fix

 
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1 Reply
Carl
Level 15

State return says that schedule e worksheet section 179 should be blank as it only applies to current year assets. I have made changes yet still says it needs a fix

Did you forget something? Without knowing which of the 37 states that tax personal income you are dealing with here, nobody can provide you any useful information.

Also be aware that if this is for residential rental real estate, it's flat out not eligible for "any" SEC 179 deductions. At best, you can only get the "special depreciation allowance" on qualified assets for residential rental real estate.

 

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