- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
I purchased a truck for property management, Schedule E and am trying to take a section 179 deduction against the profit for a property. It is for business, new, tangible, less than $1,040,000 and placed in service in 2021. I expected the section 179 deduction to appear on Schedule E under Assets / Depreciation, but see "0". I cannot answer the questions in any combination that generates a Section 179 deduction. What am I doing wrong?
March 28, 2022
1:25 PM