Hello THomas M.,
First of all, thank you for responding so quickly.
Thomas, I am still confused. It seems that if I populate the Section 179 field of the asset information worksheet, the K-1 statement V populates even though the S-Corp is at a loss. It also will show the 4562 as a current year Section 19 depreciation. If I leave that blank, then the 4562 shows a depreciation. Then, what field or checkbox must I click that the value in the K-1 statement V will carryover to next year? What am I not doing?
