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Deductions & credits
Section 179 is only allowed for a "Trade or Business". Does your rental rise to the level of a "Trade or Business"?
TurboTax automatically assumes it does NOT rise to the level of a "Trade or Business". So if it does rise to that level, you need to fill in/override the information on the top of Form 4562 about the income limitations.
‎August 18, 2020
8:41 PM