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Commercial Roof - Section 179

Grummler
Level 1

The Tax Cuts and Jobs Act expanded the definition of qualified real property eligible for full expensing under Section 179 of the tax code to include improvements to nonresidential roofs.

For Partnership tax return screen 14 (Depreciation), I enter a commercial roof using method 87 "39 year non-residential real property" and I get an error diagnostic:

"Invalid method for section 179 expense"

How do I take Section 179 on a commerical building roof?

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1 Comment 1
Kathi_at_Intuit
Employee
Employee

Great to have you in the community. For Lacerte, there is a checkbox in screen 14>Federal Depreciation>General>Qualified improvement property nonresidential for section 179. If you were to check this off, it would take away the diagnostic.

 

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