https://ttlc.intuit.com/community/business-taxes/discussion/section-179-deduction/01/119477#M3469 Not sure how to calculate my 179 deduction Sat, 01 Jun 2019 05:37:50 GMT abatejc82 2019-06-01T05:37:50Z https://ttlc.intuit.com/community/business-taxes/discussion/section-179-deduction/01/119477#M3469 Not sure how to calculate my 179 deduction Sat, 01 Jun 2019 05:37:50 GMT https://ttlc.intuit.com/community/business-taxes/discussion/section-179-deduction/01/119477#M3469 abatejc82 2019-06-01T05:37:50Z https://ttlc.intuit.com/community/business-taxes/discussion/turbotax-calculates-it-as-you-enter-your-asset-and-if-it/01/119485#M3470 <P><B>TurboTax calculates it</B>. As you enter your asset and if it qualifies for section 179 deduction, you will be able to select that option.</P><UL> <LI>Type <B>sch c</B> in the search bar and click search.</LI> <LI>Click on <B>Jump to sch </B>c.</LI> <LI> <B>Edit</B> your business.</LI> <LI>At the <B>Your XXX Business</B> screen, scroll down to <B>Business Assets </B>and click <B>start/edit</B>.</LI> <LI>Continue with the onscreen interview and TurboTax will ask you <B>if you qualify to tax the Section 179 deduction.</B> </LI> </UL><P> <B>Additional information:&nbsp;</B> <A href="https://ttlc.intuit.com/questions/3294044-what-is-a-section-179-deduction" target="_blank">What is a Section 179 deduction?</A> </P> Sat, 01 Jun 2019 05:37:52 GMT https://ttlc.intuit.com/community/business-taxes/discussion/turbotax-calculates-it-as-you-enter-your-asset-and-if-it/01/119485#M3470 HelenaC 2019-06-01T05:37:52Z