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    <title>topic 179 Expense should not exceed cost of asset?!! in Deductions &amp; credits</title>
    <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/179-expense-should-not-exceed-cost-of-asset/01/3395576#M326716</link>
    <description>&lt;P&gt;Got the following info from our accountant for Sales to be reported on Form 4797&lt;BR /&gt;a - XXX&lt;BR /&gt;b - 06/02/2014&lt;BR /&gt;c - 07/03/2023&lt;BR /&gt;f - 3800&lt;/P&gt;&lt;P&gt;i - 3950&lt;BR /&gt;&lt;BR /&gt;The Smart Check is giving me an error that&amp;nbsp;179 Expense should not exceed cost of asset&lt;BR /&gt;&lt;BR /&gt;How can I resolve this error?&amp;nbsp; Just do it so that i is 3800 and override the Ordinary Gain to be 150?&lt;/P&gt;</description>
    <pubDate>Wed, 11 Feb 2026 10:45:40 GMT</pubDate>
    <dc:creator>cvhp1972</dc:creator>
    <dc:date>2026-02-11T10:45:40Z</dc:date>
    <item>
      <title>179 Expense should not exceed cost of asset?!!</title>
      <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/179-expense-should-not-exceed-cost-of-asset/01/3395576#M326716</link>
      <description>&lt;P&gt;Got the following info from our accountant for Sales to be reported on Form 4797&lt;BR /&gt;a - XXX&lt;BR /&gt;b - 06/02/2014&lt;BR /&gt;c - 07/03/2023&lt;BR /&gt;f - 3800&lt;/P&gt;&lt;P&gt;i - 3950&lt;BR /&gt;&lt;BR /&gt;The Smart Check is giving me an error that&amp;nbsp;179 Expense should not exceed cost of asset&lt;BR /&gt;&lt;BR /&gt;How can I resolve this error?&amp;nbsp; Just do it so that i is 3800 and override the Ordinary Gain to be 150?&lt;/P&gt;</description>
      <pubDate>Wed, 11 Feb 2026 10:45:40 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/179-expense-should-not-exceed-cost-of-asset/01/3395576#M326716</guid>
      <dc:creator>cvhp1972</dc:creator>
      <dc:date>2026-02-11T10:45:40Z</dc:date>
    </item>
    <item>
      <title>Re: 179 Expense should not exceed cost of asset?!!</title>
      <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-179-expense-should-not-exceed-cost-of-asset/01/3395606#M326720</link>
      <description />
      <pubDate>Fri, 20 Dec 2024 02:47:20 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-179-expense-should-not-exceed-cost-of-asset/01/3395606#M326720</guid>
      <dc:creator>Anonymous_</dc:creator>
      <dc:date>2024-12-20T02:47:20Z</dc:date>
    </item>
    <item>
      <title>Re: 179 Expense should not exceed cost of asset?!!</title>
      <link>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-179-expense-should-not-exceed-cost-of-asset/01/3395700#M326724</link>
      <description>&lt;P&gt;haven't a clue ask the accountant&lt;/P&gt;</description>
      <pubDate>Mon, 14 Oct 2024 16:44:21 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-179-expense-should-not-exceed-cost-of-asset/01/3395700#M326724</guid>
      <dc:creator>Mike9241</dc:creator>
      <dc:date>2024-10-14T16:44:21Z</dc:date>
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