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I got it to work. Thank you everyone for your help. I had entered the asset placed date as 2020 by accident instead of 2021.
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The depreciation still is not flowing anywhere. I appreciate everyone's help, but still no luck.
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All of the information is input, percentage of use, dates, etc. It shows up on schedule 4562 as section 179 depreciation, but does not flow to anywhere on the r...
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I have all of the information input and the company is not in a loss position. On the asset entry worksheet, at the top where it says "Section 179" I have the f...
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How do I properly enter section 179 depreciation for a new asset on the 1120S? I am currently entering it right on the Asset Entry Worksheet, but it is not flow...
