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Level 1
October 4, 2021
Question

In Arkansas, Schedule C, the Section 179 deduction was limited in 2019. How do I recover disallowed Sec 179 in 2020

  • October 4, 2021
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1 reply

dkh
Level 15
October 4, 2021

Did you prepare the 2019 return?   If yes, any Sec179 carryover will come forward (or at least it should) when return is transferred into 2020.       If you didn't prepare the 2019, then find Arkansas worksheet that such information would be on and enter your carryover amounts.   For Indiana it is the Activity Worksheet.