California Section 179

Forum|Forum|2 years ago
August 18, 2023
2 replies
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Why does California Section 179 Deduction Summary say that total section 179 deduction cannot be more than zero? I have three section 179 assets totaling $19,521. The program stops here and I can go no further.????

TurboTax Business Windows

KarenL4

Hi, Lgranlund:

That sounds super frustrating! Unfortunately, this is not the kind of thing we can help you with in this forum. I suggest you reach out to TurboTax product support at 1-800-4INTUIT (1-800-446-8848). A tax expert can then help you understand what is going on and how to address it. They have superpowers like screen sharing that just aren't available to us when working in the community.

Hope this helps!

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Best,

Karen

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

LarryL

I'm having the same problem and wonder if you (or anyone else) has found an answer.

KeshaH

If you'd like, we can look at your return and see exactly what you see to help come to a resolution. The return will be scrubbed and won't include any of your personal details.

If you're using TurboTax Online:

Once you're logged in to your account,

- on the left hand panel, click on Tax Tools and then choose Tools

- on the pop up window, select Share my file with Agent

- you'll see a message saying you'll give us a copy of your tax return. Your personal information will be changed so we can't see any private information.

- click okay and you'll get another message with a token

Please reply to this message with your token so that we can further assist you.

@LarryL

LarryL

Hi Kesha,

Thanks for the offer but I just figured out the issue. The $25,000 Sec. 179 CA limit is entirely eliminated when asset purchases exceed $225,000 in a given year, which was the case for us. It would have saved me a lot of time if Turbotax had provided this explanation, but hopefully this information will help anyone else who was confused by this and looks here for an answer.