In addition, the difference between applying the unallowed losses now vs later to offset depreciation recapture is substantial.Without using the unallowed losse...
Thank you,@GeorgeM777Are unallowed losses only indicated on Schedule E for real estate properties? I went back to the previous years of tax return to get the un...
I truly think it is a bug in Turbo Tax.My last resort is to print it out and mail the paper. Just a shame we still need to use this method in the tech age!
Thanks. Then, there is really no benefit of de minimis over 179. I can use 179 consistently for things that depreciate completely in 5 years (appliances, carpet...
I think de mininis safe harbour is all about expense, and 179 is all about depreciation. An expense won’t need to be recaptured while a depreciation needs to be...
