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    • Created with Sketch. Intuit Biz e-filing closure on December 21 at 6:00PM PST. Select your product for more Hot topics. Lacerte | ProConnect | ProSeries
    Created with Sketch. Intuit Biz e-filing closure on December 21 at 6:00PM PST. Select your product for more Hot topics. Lacerte | ProConnect | ProSeries
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    Section 179

    Pablo
    Level 3
    ‎05-01-2019 06:30 PM

    Section 179: I have Section 179 that exceeds 2018 profit of company. Can this be applied to my other entity which has profit? If so, how to enter it on ProSeries?  

    thank you

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    2 Comments 2
    Accountant-Man
    Level 13
    ‎05-01-2019 08:49 PM

    Which entity bought, paid for, and owns the property?

    ** I'm still a champion... of the world! Even without The Lounge.
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    abctax55
    Level 15
    ‎05-02-2019 09:39 AM

    Please explain exactly what kind of entities your businesses are... SMLLC, Partnership, S-Corp, etc.  That info is needed to properly answer your question.

    HumanKind... Be Both
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