Turbo Tax is telling me to "Check This Entry":
Schedule C (Interior Design) -- Asset Entry Worksheet (Tablet): Special Depr Allowance must be entered
What do I put?
It is pointing me to field 9 k
This is for a tablet I purchased for $354 on 10/10/2018. The percentage for business use is 80%. Note that I didn't deduct it in my last year's taxes
01571
1 Replies
PaulaM
Employee Tax Expert
Jan 20, 2020 10:25:34 AM
Unfortunately, you can't deduct an asset you purchased in 2018 on your 2019 tax return. You would need to amend your 2018 return and deduct on that return.