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Level 2
April 27, 2021
Question

unused section 179 carryover

How do I know if I can use the section 179 carryover from 2019? 

    2 replies

    Mike9241
    Level 15
    Level 15
    April 27, 2021

    you need business income line 11 of form 4562. the 179 carryover would show on line 10 of form 4562

     

    Mike9241
    va16Author
    Level 2
    April 27, 2021

    Thanks. looks like I can only use part of it.  How do I know if any of the leftover is at risk?