Section 179 Vehicle Depreciation Not Correct for 2025 (Turbotax Home & Business - Mac)

[TCinSD]

According to IRS Rev. Proc. 2025-16 (Tables 1&2), the max 1st year depreciation on passenger vehicles is $12,200 for 2025 under the BBBA revisions when not taking bonus depreciation, and $20,200 if you do take bonus depreciation. But, as you can see from the screenshot below, my Mac desktop version of TurboTax Home & Business (updated today) seems to be very confused about those caps. It won't allow me to enter the $12,200 max if I decline the bonus depreciation, and instead indicates the OLD, pre-BBBA cap of $10,100 is the max. Does anyone know when there will be a fix for this?

[TCinSD]

Here is the image that was supposed to be in my previous post...I don't know why it's not displaying....

[Vanessa A]

I am unable to recreate this.  Are you using the 2025 version of TurboTax or the 2024 version?

I would like to take a deeper look at this. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following the directions below:

TurboTax Online:

1. Sign into your online account.
2. Locate the Tax Tools on the left-hand side of the screen.
3. A drop-down will appear. Select Tools
4. On the pop-up screen, click on “Share my file with agent.”
5. This will generate a message that a diagnostic file gets sanitized and transmitted to us.
6. Please provide the Token Number that was generated in the response.

TurboTax Desktop/Download Versions:

1. Open your return.
2. Click the Online tab in the black bar across the top of TurboTax and select “Send Tax File to Agent” *
3. This will generate a message that a diagnostic copy will be created.  Click on OK and the tax file will be sanitized and transmitted to us.
4. Please provide the Token Number  (including the dash) that was generated in the response.

*(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)

[TCinSD]

Thanks for your reply. I just forced TurboTax to accept the $12,200 (since I will not be doing any bonus depreciation) and form 4562 ***accepted the number*** without an error (no yellow highlight) or requirement of an override (although we shall see if that remains true when I run an error check before filing!).