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RSL21
Returning Member

NC addback and deduction

In NC D403 Partnership return, a section 179 expense is added back at 85% of the difference between total cost of s.179 and NC dollar limitation ($25000), turbotax software automatically put the difference amount between s.179 cost and addback amount as mentioned above into “IRC Section 179 expense for 2021” in the following deduction section, it is fixed (unable to change or remove). However, when preparing NC D400 Individual return, turbo tax software does NOT have any area for such input as “IRC Section 179 expense for 2021” in deduction section, which causes a big deduction difference thus tax liability in personal tax return. Please help me clear up this confusion. Thanks.

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