Question

business depreciation deduction - Sec 179 Carryforward

Forum|Forum|6 years ago
February 10, 2020
1 reply
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Schedule C (Landscaper): Sec 179 Carryforward - Reg_ a value here is not yet supported in the program for the qualified income deduction. This will be enabled in a subsequent release.

When? been waiting for 37 days!

I

Irene2805

Forms 8995 and 8995-A, the forms used to to calculate the amount of QBID, are not final yet. TurboTax will update the program after the IRS finalizes their instructions. After that update you should see the QBID on your tax return and you will be able to file.

For current information on forms availability, please click on this link: Federal forms availability [Note: Forms 8995 and 8995-A might appear at the bottom of the list, not necessarily in numerical order. ]