Section 179 not available

For many years I have deducted purchases under $2500 like phones or laptops as expenses via section 179. However in my 2022 return, I am not given the option to do that. The program defaults to 10-year depreciation. Why would that be, and is there a way to change that?

188

Expert Alumni

Feb 20, 2023 3:22:18 PM

Your new property may not be eligible for the Section 179 deduction. See Section 179 property for specifics on qualified assets.

Level 15

Feb 20, 2023 6:00:45 PM

what type of property and used for what purpse? 10 year depreciable life is rare

you may want to review IRS PUB 946 Table B-1 GDS/MACRS column which is the default recovery period

https://www.irs.gov/pub/irs-pdf/p946.pdf

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Section 179 not available