JBalchun
Returning Member

Get your taxes done using TurboTax

I figured it out. 

 

When it asks me for my Section 179 Deduction, I needed to enter $28,900.

 

Because it's a heavy suv, that is the max allowed.  This wasn't provided by turbotax.  I had to google it.  Seems like it would be easy for turbo tax to say, enter a number between 0-28900, if you selected heavy suv.

 

Anyways, the remainder of the cost is then multiplied by 80% for special depreciation (automatically, behind the scenes), if you elect to take it.  

 

The remainder is then depreciated normally.