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How can I enter a prior year section 179 deduction on an asset that is being put into TT for the first time?
The asset is rental unit furniture. It was placed into service in 2016 and a Section 179 deduction was taken by the CPA. I am doing 2018 taxes for the first time using TT, and it wants to apply a 50% reduction and depreciate the rest. Cannot find anywhere to enter the 179 amount. Thank you for your help!
‎June 6, 2019
1:03 AM