I am getting error message on federal check process after deductions and credits saying my Sec 179 deduction has been limited to zero, and all $1800 of it needs to be reallocated. Obviously, I've not surpassed the 7 figure limitations. On Form 4562 TurboTax has populated line 1 with $1,080,000 when the IRS instructions for 2022 say it should be the smaller of total cost of 179 property and the $1,080,000. The figure cannot be overridden. This pertains solely to tangible property (appliances) placed into service in 2022 at residential rental property owned for many years, and with profits - all schedule E. What is up with this and what to do?
