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I have the same issue. Yes, it's disallowing Sec 179 but it's not calculating VA depreciation on those Sec 179 assets. Seems like it should be reflected on Line...
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Those are the instructions per the IRS, so one would presume there will be no issues. But these are crazy times.
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To be clear, if you did not e-file extensions by 5/17/21, then you have to paper file the 4868s. The payment can be made via Direct Pay but the taxpayer has to ...
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That is totally contrary to their official declaration of tax relief that stated "...postpones various tax filing and payment deadlines that occurred starting o...
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This is one of several significant problems with this year's program. It's ridiculous! I presume we'll have to manually adjust QBI for post TCJA Section 179, as...
