HR30
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Confuses me, too. We filed jointly, too, so I entered our AGI for each of us.
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Intuit states that Turbotax does not support all Section 179 deductions:"Taxable Income Limitation for Section 179 (Form 4562): If you have a trade or business ...
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Hi, Thanks for replying.The profit for the business, one of my rental properties, after other expenses and before the truck Section 179 election of $34507 was a...
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Thanks again for your reply.I wrote, "In Turbotax, both the $44507 Section 179 expense and the $857 straight line 7 year depreciation expense are deducted". I w...
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Thank you for replying.We are married filing jointly. I am an active participant in real estate property management, a real estate professional.My question is n...
Activity Feed for HR30
- Posted Re: Why the duplicate question about AGI before I can file my tax return? on Get your taxes done using TurboTax. April 17, 2022 3:40 PM
- Posted Re: Section 179 for a new truck on Deductions & credits. April 4, 2022 10:30 AM
- Posted Re: Section 179 for a new truck on Deductions & credits. April 4, 2022 10:06 AM
- Cheered Re: Section 179 for a new truck for DaveF1006. April 4, 2022 10:06 AM
- Posted Re: Section 179 for a new truck on Deductions & credits. March 30, 2022 9:33 AM
- Cheered Re: Section 179 for a new truck for KrisD15. March 30, 2022 8:59 AM
- Posted Re: Section 179 for a new truck on Deductions & credits. March 30, 2022 7:12 AM
- Cheered Re: Section 179 for a new truck for JamesG1. March 30, 2022 6:41 AM
- Posted Re: Section 179 for a new truck on Deductions & credits. March 28, 2022 1:44 PM
- Cheered Re: Section 179 second year for AmyC. March 28, 2022 1:34 PM
- Cheered Re: Section 179 second year for ColeenD3. March 28, 2022 1:30 PM
- Posted Re: Eligible Section 179 Property on Deductions & credits. March 28, 2022 1:25 PM
- Posted Re: Eligible Section 179 Property on Deductions & credits. March 28, 2022 1:19 PM