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Section 179 deduction does not lower my net profit
Using the 2019 Self Employed version of Turbotax (iOS).
I've entered two computers separately in the Business Assets section and elected to use the full Section 179 deduction for each.
Amount of depreciation in the Business Asset Summary is $0, but the Section 179 deductions (which show amount I entered) seems not to affect/lower my net profit.
Anyone have insight as to what I'm doing wrong? Thanks for any help!
‎January 28, 2020
7:00 AM