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Heavy SUV bonus depreciation help
Small Bus.
Bought ford expo 7400lb for 40000 in august 2023
I cannot get any prompt in turbotax to take bonus depreciation - it was there in 2022 version... any ideas?
It seems I can enter vehicle as asset and 179 it but it would be limited to $28900 (per current pub 463 which isn't final - maybe this is why bonus dep is not in turbotax 2023 yet???) Is it true that bonus depreciation would not be limited like the sec 179 ?
Thanks,
Andy
‎January 16, 2024
2:53 PM