DS20
Employee
Employee

Hi JKFMSI,

If you select the “eligible” checkbox for a section 179 asset on the K-120EX Worksheet, then, to accommodate for the tax year ’21 form update, we made Part B, Col. E user-enterable. The preparer must enter the amount of Section 179 deduction taken for Kansas purposes in Col. E (as stated in the form instructions: “Column (e) – Enter… any expense deduction being claimed for such property under I.R.C. § 179”). Once the correct Section 179 deduction is entered in Col. E, the proper expense deduction will calculate in Col. G.