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 Jun 6, 2019 2:13:04 AM

How to transmit my return when it says there is a problem in the section 179 and there isn't?

0 4 423
4 Replies
Level 5
Jun 6, 2019 2:13:06 AM

Hi, it sounds like you may have multiple businesses (this includes K1s too) and the total section 179 deductions exceeds the limits.  You may need to adjust how much section 179 you are taking.

New Member
Jun 25, 2020 5:03:55 PM

Yes. 2 K-1

New Member
Jun 25, 2020 5:04:25 PM

I'm not taking any 179.

Level 15
Jun 25, 2020 5:06:45 PM

@Mark Huggard   What is your question?  You have added on to a post that is several years old.

 

 This is a new forum layout. Some posts that have June 2019 dates are really older posts from the old forum that got moved over. So they might be for prior years and not current info. When they migrated over the dates got changed to June 2019. And the screen shots got deleted.