Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 4, 2020 3:59:47 PM

I'm trying to add a $2,300 laptop I purchased in 2019 as a depreciable asset in business expenses, but it keeps returning me to main screen. Something about "election"?

0 1 257
1 Replies
Expert Alumni
Apr 4, 2020 4:13:06 PM

That screen is asking if you are electing to take Bonus depreciation or the 179 deduction. 

Bonus Depreciation and 179 Deduction