mknaub
Level 2
12-07-2019
11:30 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I am having issues with the Sec 179 limit of $25,000 for SUVs over 6,000 pounds. The depreciation method choices are no limits or under 6,000 pounds. When I check the box in Screen 16 that it is an SUV over 6,000 lbs it is still taking unlimited depreciation rather than limiting it to $25,000. Which depreciation method should be selected, and how do you get the program to limit the deduction to $25,000?
Best Answer Click here
Labels