have a section 179 deduction from a K-1 that has been limited. I received an error message saying that I should reallocate the deduction, etc. How do I reallocate this deduction when I only had a section 179 deduction on one K-1 activity?
This was posted earlier
I have the same problem
On the K-1 data entry worksheet, go into the QuickZoom just below the Sec 179 entry line. On line 2 enter the limited amount. The balance will be carried forward automatically.
Thank you!!!!
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