It depends on the rest of your input that may be dictating the percentage. There is likely some other aspect triggered in the program reducing the percentage. If you take actual expenses the first year, the standard mileage deduction can never be used.
Regarding Section 179, TurboTax states:
Your total section 179 deduction for 2019 is limited to $1,020,000, so if you place several assets in service in a certain year, it may be better to take the regular depreciation deduction for certain items.
You can only take the section 179 deduction to the extent of your net income for the year. If you try to take the deduction for a year in which you have a net loss, you will simply carry the deduction forward indefinitely until you show a profit.
Reminder: In future years, if your business use percentage drops to 50% or below you no longer use the asset in your business, you may have to report the section 179 deduction as income. This is known as recapture.
Can I switch between actual expenses and the standard mileage deduction?
What are the standard mileage rates?
Form more details about the different depreciation treatment options, click the links below.
@AVG92009
