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my section 179 deductions
My section 179 deduction is not adding it to accumulated depreciation so the balance sheet is off.
The balance sheet on page 4 Schedule L Accumulated depreciation shows $159,317. My section 179 deduction is $23,756.00. This is causing my Assets to be $23,756 higher then my Liabilites.
My book accumlated depreciation is $183,073 so its off by the exact amount of the 179.
Is the asset section of TurboTax not complete and still have updates coming?
Jake
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Wednesday