KrisD15
Expert Alumni

Business & farm

The depreciation should have carried forward, but I did have a situation where the depreciation was not updated after I uploaded a prior year PDF using Desktop. 

 

Please go into your Schedule C

(Business, Business Income and Expenses, Edit next to the Business name)

Scroll down to 'Business Vehicle Expenses" under "Business Expenses"

Select EDIT for the vehicle

Go through the interview and add the prior Section 179 and Special/ Bonus depreciation taken on the vehicle.

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