itonewbie
Level 15
02-04-2024
09:58 AM
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Maybe you want to take a second look at your input and check the business income limitation computation?
As you can see from these screenshots attached, ProConnect Tax does compute and present 179, bonus depreciation, and regular depreciation correctly:
- Total of bonus and regular depreciation: F.4652, Line 22 to F.1120S, Line 14; and
- 179: F.4562, Line 12 allocated to K-1, Line 11 of each shareholder.
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