I had an equipment purchase last year for my small engineering business S Corp. I ran a loss last year so the 179 was disallowed with a carryover to 2022. However, in Turbotax the 1120S program entered it as a SDA at 100%. I thought nothing of it. My ignorance.
This year, Turbotax is trying to use the carry over. I know how to defeat that but just asking: The SDA does not show up as depreciation on the 4652. How do I handle this?The fact that things require my override are a flag and lead to my questions.
