Trying to enter a section 179 depreciation deduction but its not picking up in the Federal asset worksheet.
I enter the amount in the section 179 deduction field but doesnt show on the 1065 ttax return.
Any suggestions
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
Did you check for it on the F 1065 Sch K and separately stated on the K-1s?
Section 179 is passed through to partners, and not a deduction on 1065
(Terry... I was trying to make the OP work a little harder to determine the treatment 🙂
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.