Business & farm

KrisD15 · ‎February 12, 2025

If you disposed of the asset in Tax Year 2024, you can eliminate the Section 179 carry-over in the 2024 TurboTax software.

Business tab

Continue to and select that particular business

Business Income and Expenses

Edit from list

Scroll down to "Assets Being Depreciated" under "Business Assets" START or UPDATE

"Yes, I want to go to my asset summary"

Select EDIT for the item

Continue to the Section 179 Deduction screen and edit

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