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Self employed
When you entered the asset in the year you first put it into service for the business, you chose to take a section 179 deduction of $5,000. TurboTax would give you that deduction and take normal deprecation for the rest of the cost starting in the year you first entered it. So, you wouldn't need to enter anything new in the following years, TurboTax would calculate your depreciation automatically. You can't split the section 179 allowance up between years, you get the full amount you choose in the year you enter the asset, any remaining allowance not available because of income restrictions would be carried over to the next year by TurboTax. But, you can't choose to take a $5,000 section 179 allowance in year one and another $5,000 in the next year, it doesn't work like that.
If you are trying to enter an asset because it is not showing in the current year for some reason, you will need to re-enter the cost and the section 179 allowance you took in the first year and normal depreciation taken in prior years and enter any unused section 179 carried over from the previous year, if any. You will see an option to make those entries when you enter the asset in TurboTax.
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