Hello GeorgeM777:
When I work thru my schedule C and answer all the questions regarding my vehicle it calculates depreciation using IRC 179. In fact, I spoke with a Turbotax Live advisor last night and he had very little knowledge about bonus depreciation under IRC 168k and was not able to help. I did see form 4562 on the IRS website but when I search for it in Turbotax it doesn’t take me to the form. Again, I feel like this is a software issue constraint, so if I can’t find proper resolution to take full advantage of using IRC168, I wont be using Turbotax to file my taxes this year. Im hoping someone can help me out. Thanks for your support.
