itonewbie
Level 15

I must, however, admit that Lacerte's presentation of the following is not the most Intuit(ive):

  • S-Corp Income/Loss: $50k - $74k + $19k (§179 disallowed)

It'd be easier to understand if it's presented this way:

  • $50k - $55k (§179 allowed)

 

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Still an AllStar