topic I have entered asset and taking 100% deduction, however Schedule F depreciation line is $0. in Business & farm

I have entered asset and taking 100% deduction, however Schedule F depreciation line is $0.

debra_vescio — Sat, 20 Mar 2021 16:30:40 GMT

In 2019 it worked, this year it doesn't. I completed the same way.

ColeenD3 — Sun, 21 Mar 2021 15:09:54 GMT

Where are you looking to see the $0 exactly? Is it a new asset?

What Property Qualifies?

To qualify for the section 179 deduction, your property must meet all the following requirements.

It must be eligible property.
It must be acquired for business use.
It must have been acquired by purchase.
It must not be property described later under What Property Does Not Qualify .

For more information, please see Section 179

debra_vescio — Tue, 23 Mar 2021 16:54:33 GMT

Thank you very much for your quick response.