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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?

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2 Replies
AliciaP1
Expert Alumni

Section 179 not available

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

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Section 179 not available

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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