boca jerry
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TurboTax only accepts 5 digits not 6. Must I file by mail??
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I use Turbotax for Business for my 1065 Partnership return. I have been told by Turbotax that I cannot use Section 179 to "expense" the cost of the new roof bec...
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I am working with Turbotax for Business on a 1065 Partnership return. I see no "safe harbor" entry on any form.
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This is from the link to IRS on the TuboTax website under non-residential property.Businesses can immediately expense more under the new lawA taxpayer may elect...
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I see several places that say:The Tax Cut and Jobs Act makes all roof repairs expendable under section 179. According to the National Roofing Contractors Associ...
Activity Feed for boca jerry
- Posted Re: The IP PIN (Identity Protection PIN) is a 6-digit PIN pro... on Get your taxes done using TurboTax. March 23, 2021 9:21 AM
- Posted Re: I replaced roof on a commercial rental building. I have been told I cannot use section 179 but can use Improvements election on Investors & landlords. February 15, 2021 4:19 PM
- Posted Re: I replaced roof on a commercial building. I can deduct all of cost under 179 rule. Turbotax s... on Investors & landlords. February 13, 2021 3:01 PM
- Posted Re: I replaced roof on a commercial building. I can deduct all of cost under 179 rule. Turbotax s... on Investors & landlords. February 13, 2021 2:39 PM
- Posted Re: I replaced roof on a commercial building. I can deduct all of cost under 179 rule. Turbotax s... on Investors & landlords. February 13, 2021 2:29 PM
- Posted I replaced roof on a commercial building. I can deduct all of cost under 179 rule. Turbotax says the net is the same. There should be a 65K deduction. Why? on Investors & landlords. February 12, 2021 2:36 PM
- Posted Re: The IRS has taken a very strong position that a new roof... on Investors & landlords. December 23, 2020 9:44 AM
- Posted My wife and I grossed $156273.00 in 2019. We still should have gotten some money from the earlier stimulus package. How do we apply for it? on Get your taxes done using TurboTax. December 21, 2020 11:11 AM
- Posted I purchased a car for my business. 60% bus and 40% pers use. The deprec form asks cost and % bus use. Do I enter amount paid or 60% of that in "cost" box? on Deductions & credits. January 4, 2020 11:21 AM
- Posted Re: down payment on commercial roof on Business & farm. January 1, 2020 5:15 PM
- Posted down payment on commercial roof on Business & farm. December 30, 2019 2:24 PM