How to enter Carryover of Disallowed 179 deduction

[Mpoole]

I have a new client with carryover of disallowed 179 on the prior year tax return.  I can not find where to enter that amount so that it shows on Form 4562 line 10.

[itonewbie · Accepted solution]

You'd need to go to the input screen for the activity for which §179 was disallowed.  For example, for Sch C, you'd use Screen 16, scroll down to the Depreciation, Depletion, & Amortization section, and enter the amount for Section 179 carryover (and for AMT, if different).  For Sch E, you'd use Screen 18 and scroll down to the Depreciation, Depletion, & Amortization section.  You get the idea...

[Mpoole]

Found it!  Completely missed the (press F1 to where to enter carryover).  Found the spot on Depreciation and Amortization section of Sch F/ Sch C, section 179 carryover.

[Mpoole]

Thanks

[itonewbie]

NP, @Mpoole.. If the response solved your problem, you may consider marking it a solution for the benefit of others who have similar questions.

[paul adams]

Thanks for pointing out the 179 carryover.  Blindness is no excuse on my part.  Easy solution