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djones10
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How can I file section 179 depreciation on a heavy duty truck purchased in 2024? IT doesn't give me the option when vehicle is entered on turbo tax.

 
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How can I file section 179 depreciation on a heavy duty truck purchased in 2024? IT doesn't give me the option when vehicle is entered on turbo tax.

try entering the lower of cost or 12500 (or less) 

 

 

the 179 deduction is limited to net income before the 179 deduction. 

 

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