sappy021
Level 2

How do I generate the ELECTION TO EXPENSE CERTAIN TANGIBLE PROPERTY (SECTION 179) statement and get the amount expensed to populate Lines 8 on Form 4562?

0 Cheers
George4Tacks
Level 15

In the depreciation input DETAIL, the item right after Cost or basis is Current Section 179 Expense. Put the amount you want to expense there and VOILA! you got it. 


Here's wishing you many Happy Returns

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