How do I record a section 179 deduction in my turbo tax program?

vanderploeg-dave — Tue, 24 Feb 2026 08:30:38 GMT

Re: How do I record a section 179 deduction in my turbo tax program?

Mike9241 — Sat, 02 Dec 2023 01:23:47 GMT

the asset must be entered under the business entity that bought it - you'll come to a page with a link for assets and depreciation (this is for non-vehicles) and another link for cars, trucks, and other vehicle expenses. choose the appropriate one and the program will take you through the steps to take 179

note that there are 4 versions of online. you'll need premier or self-employed to do a schedule c or rental real estate. Note that only the desktop - TurboTax Business (window only - 64-bit operating system) does business returns - S-corp (1120s), C-corp (1120), partnership (1065). trust or estate (1041)

Re: How do I record a section 179 deduction in my turbo tax program?

vanderploeg-dave — Mon, 04 Dec 2023 15:40:59 GMT

What if I am a single entity LLC?

topic How do I record a section 179 deduction in my turbo tax program? in Business & farm

How do I record a section 179 deduction in my turbo tax program?

Re: How do I record a section 179 deduction in my turbo tax program?

Re: How do I record a section 179 deduction in my turbo tax program?