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Why is Sec 179 allowed with no business income?

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Level 15

W-2 income?

ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.

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W-2 income?

ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.

View solution in original post

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Paul, if you have more info (like there ISN'T any W-2 income) keep it in this thread instead of starting a new one.
And if you gave Jeff the NO vote for just asking, that really isn't fair now is it ?

Your other thread:
https://accountants-community.intuit.com/questions/1835520-sec-179-deduction-is-allowed-with-no-busi...
Former Chump... umm.... AllStar.
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There is a week before the madness ends, patience is running short, so can I just say that some people here are starting to piss me off?  I won't say it if I'm not allowed :open_mouth::open_mouth:
ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.
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I'm not allowed to say it...or I would have.  I tried to *imply* it tho, did it work ?
Former Chump... umm.... AllStar.
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Kinda.
ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.
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I'll try to do better at expressing myself better going forward /S
Former Chump... umm.... AllStar.
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I'm showing extreme restraint this year.  I haven't called anybody stupid yet.  The temptation has been there a few times ------------- actually quite a few times, but I behaved myself.  Is Intuit giving out gold stars for good behavior again this year?
ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.
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§ 179 CAN be used against W-2 income....so why/who thought giving Jeff a "no" vote was appropriate ?????

Former Chump... umm.... AllStar.
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