tina160
Returning Member

How do I put Bonus Depreciation

Hi, 

I bought TurboTax Business 2023.

I have a rental property and I did some remodeling in 2023. I tried to add some assets that can be depreciation within 20 years to use "Bouns Depreciation". For example, kitchen cabinets, and carpet. Could anyone help me with that?

ps. I don't want to use the Section 179 deduction cause it's limited to "net business income". I searched the community but couldn't find the solution. Please help!!

 

Thanks.