- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Turbo Tax Mac product allows full (60%) bonus depreciation but does not offer section 179, or partial bonus depreciation.
Entering a 2500 Truck for my business, it asks if I want bonus depreciation or not. Is there an opportunity to not take the full 60% (for 2024) bonus depreciation, as it's a bit of a waste for the income with my business. Can I elect a smaller percentage (like 40%) for bonus depreciation or use section 179? It currently doesn't give me any choices.. only Y/N to full bonus depreciation. Thanks!
‎February 19, 2025
8:54 AM