Section 179

How do we edit the large number in Line 8 to be the maximum deduction of $25000?

posted

The maximum for 2025 is $2.5 million, not $25K, limited to the lower of business income and cost of assets selected. so we need to know what the asset is, its cost, and where you entered it. However, a taxpayer in the asset entry section can enter a 179 deduction that is less than the maximum allowed for the asset.