- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
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.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 9, 2022
10:43 AM