Change from C corp to a S Corp

[owl]

C corp has section 179 expense carry over. C corp changes to a S corp for current year. Does the unused section 179 expense carry over to the S corp ?

[Jojo4]

would like to follow this post with answers

[IRonMaN]

I believe it stays within the C corp so no carryover to the S corp.

[abctax55]

I agree with Mr Yote.

@Jojo4 -  you can "follow" by selecting subscribe to the thread.  

Upper right corner is " ... "   Click on that & select subscribe.

Or, there's an upside down 'flag' thingy in the lower left that you can click.  It turns black, and I "think" that lets you follow the thread.

BTW - this is a new forum, and we are ALL trying to learn the intricacies.