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Level 3
June 3, 2021
Question

What is the maximum section 179 deduction on form 1065 for a 2019 Ram 1500 Classic (less than 6,000 lbs)

  • June 3, 2021
  • 1 reply
  • 6 views

What is the maximum section 179 deduction on form 1065 for a 2019 Ram 1500 Classic (less than 6,000 lbs)? Pro Series won't allow the $11,560. The Section 179 field turns red.

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1 reply

Level 15
June 3, 2021

I think it is $8000, and the rest or the amount allowed is from 'regular' depreciation.