owl
Level 1
01-20-2020
02:25 PM
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C corp has section 179 expense carry over. C corp changes to a S corp for current year. Does the unused section 179 expense carry over to the S corp ?
Jojo4
Level 3
01-21-2020
10:32 AM
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would like to follow this post with answers
IRonMaN
Level 15
01-21-2020
10:39 AM
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I believe it stays within the C corp so no carryover to the S corp.
Slava Ukraini!
abctax55
Level 15
01-21-2020
10:54 AM
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I agree with Mr Yote.
@Jojo4 - you can "follow" by selecting subscribe to the thread.
Upper right corner is " ... " Click on that & select subscribe.
Or, there's an upside down 'flag' thingy in the lower left that you can click. It turns black, and I "think" that lets you follow the thread.
BTW - this is a new forum, and we are ALL trying to learn the intricacies.
HumanKind... Be Both