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In anticipation of the upcoming Exempt Org and Texas Franchise deadlines (5/15), we've compiled a list of the most common questions here.
In anticipation of the upcoming Exempt Org and Texas Franchise deadlines (5/15), we've compiled a list of the most common questions here.
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- What is the maximum section 179 deduction on form 1065 for a 2019 Ram 1500 Classic (less than 6,000 lbs)
What is the maximum section 179 deduction on form 1065 for a 2019 Ram 1500 Classic (less than 6,000 lbs)
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jsoles24
Level 3
06-02-2021
09:32 PM
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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 Comment 1
TaxGuyBill
Level 15
06-02-2021
09:42 PM
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I think it is $8000, and the rest or the amount allowed is from 'regular' depreciation.
