Why will Turbo Tax Business not allow 50% bonus depreciation on a new machine shed erected by a farm corporation?

[Critter]

"shed"  ?    If you mean a building then the 50% bonus depr is not allowed on them.   <a rel="nofollow" target="_blank" href="http://www.nolo.com/legal-encyclopedia/50-bonus-depreciation-likely-extended-2014.html">http://www.n...>

[SweetieJean]

<a rel="nofollow" target="_blank" href="http://www.sapphirebuilds.com/farm-buildings-bonus-tax-depreciation-thru-2019/">http://www.sapphireb...>

[Critter]

Ok ...then you must choose the correct section to get the bonus depreciation... just tested it & it works fine but READ every screen or you will miss the election ...

[bean1counter]

That option does not appear on my screens.  Are you in the individual or business program?  After going in circles again I got it to work.  Had to enter the building information again and then go back and change it to farm...that seemed to work.

[Critter]

Oh sorry ... I am in the SE version ... however you should have the same options.