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J
johnsonj1
April 15, 2025
Question

why are assets logged and shown in Business Asset Summary as 179 not being counted in tally for assets in expense category, 2024 $0.00 yet over $2000 were recorded?

  • April 15, 2025
  • 1 reply
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    1 reply

    PatriciaV
    PatriciaV
    Employee
    April 16, 2025

    If you claimed a Section 179 deduction for any new assets, the amount of that depreciation should appear under your Business Expenses >> Assets and Depreciation in the Depreciation column.

     

    This expense also appears on Schedule C Line 13 and on the Depreciation and Amortization Report in the Section 179 column.

     

    To see the forms in your return, see How do I get a PDF of my return?

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