I disagree with your solution.
See Form 4835, and line 12:
12. Depreciation and section 179 expense deduction not claimed elsewhere . .
Under some circumstances a taxpayer can use Section 179 depreciation on Form 4562 to reduce the net of Form 4835.
Also, if the taxpayer has positive net on Form 4797, then the net of 4797 amount can be used to increase the Section 179 depreciation limitation on Form 4562.
Tax preparer has to go to PS software "Depreciation Options" worksheet. Scroll down to the "Federal Section 179 Information" section. Line 3a will have the PS software computed Section 179 limitation amount. Tax preparer has to enter net amount of Form 4835 [prior to using Section 179] plus the net of Form 4797 onto line 3b of this "Depreciation Options" worksheet to increase the amount of Section 179 that the PS software will allow on Form 4562.
