I operate a "Limited Liability Company (LLC) in the state of Minnesota. I am the owner and sole employee. II would like to claim a one-year 100% depreciation on computer equipment purchased in 2017 for my company. I understand this can be done by filing the amount of the expense on Form 4562 (Depreciation) under Section 179 (which then updates the Schedule C). Is this the correct procedure for filing under Section 179 and can this be accomplished using the "Deluxe" version of TurboTax? (Or, should I use the TurboTax "Home and Business"version instead of TurboTax "Deluxe"?
Thank you!
