KathrynG3
Expert Alumni

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Form 4562 Line 8 is for Total elected cost of section 179 property.

 

The way to change it is to return to the the original asset entry or to return to the state interview and verify whether all the details were entered regarding the asset. 

For more information about depreciation, see: What is a Section 179 deduction?

Depreciation of Business Assets - TurboTax Tax Tips & Videos-which includes information about Section 179 and the special depreciation allowance, or bonus depreciation.

 

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