KrisD15
Expert Alumni

Deductions & credits

"deduction from 2019"?  Is that a rare IRS error?  Should it not say disallowed deduction from 2020?"

Yes, that is a typo. The carry-over would be from the previous tax year, so in this case 2020. 

 

On Form 4562 Section B only shows General Depreciation.

You need to go down to Pat V Section A Line 26 to view the Section 179 Deduction if selected. 

 

If you have the Desktop program, look at the Depr Report" (Depreciation and Amortization Report. 

 

 

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