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June 4, 2019
Question

Should I take/use Section 179 or use standard deduction? Currently have a NOL $4500 using standard deduction. The van will be used full-time for business. Paid $21000

  • June 4, 2019
  • 1 reply
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1 reply

Employee
June 4, 2019

Please see this lovely answer from our SuperUser TaxGuyBill which addresses your issue.  Be certain you also read his followup comment.  Click on the blue "this question" underneath his answer to view the comments.

https://ttlc.intuit.com/replies/6406489