Form 7205, titled "Energy Efficient Commercial Buildings Deduction,"

Forum|Forum|2 years ago
January 30, 2024
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I replaced most of the lighting in my retail space with high efficiency lighting and wanted to know if I would qualify for the form 7205 (EECBP) deduction under section 179D or would I have to replace more equipment?

Jake

Best answer by AmyC

Form 7205 is used to calculate the sec 179d deduction as explained here, in the purpose of the form.

AmyCAnswer

Employee

Form 7205 is used to calculate the sec 179d deduction as explained here, in the purpose of the form.

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Sherman Inspection

How can I stop/remove form 7205. I have no commercial building depreciation. Why does turbo tax business ask me for this form when I try to efile

Primaexec23

Same here. I have this and Nowhere in the Q & A did I mention anything about this deduction it is the one thing stopping me from filing please advise.