First year S corp.  Franchise operation with equipment purchases, franchise fees etc.  Taxpayer has a rather large operating loss.  Based on my reading it's likely more advantageous Sect 179 depreciation rather than bonus.  The problem is I enter the 179  on the asset entry screen.  the amount of 179 shows up on the asset list.  However the 179 doesn't show up on the K-1, M-1 screens.  It's like there is no Sect 179 yet the asset basis is reduced.  What am I missing?