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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
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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.
