When entering Section 179 expense that was taken in a prior year it is necessary to bothenter the expense in the Sec 179 expense field and to include it in the amount entered in the Prior Depreciation field.
Example
A prior-year asset with $1,000 of Section 179 and $1,800 of regular depreciation, you would enter:
- $1,000 in the Sec 179 expense field and
- $2,800 in the Prior Depreciation field.
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