I had a Section 19 deduction on SCorp K-1 in 2024. Property sold in 2025. How do I recap the section 179 amount.
It passes through separately, generally as a statement, on the K-1s. The software should handle it (but I don't use ProSeries)
The software does handle it.
I don't have the SCorp software. does it go from 4797?
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.
