Jump to content
ATX Community

REPAYMENT OF SECTION 179


Marie

Recommended Posts

I can't figure out how to do in software. Asset was discontinued use in the business and it had been sect 179, so I need to recapture. In last year's software, it worked well, changed business percentage and it flowed. Now in fixed assets I can't seem to change for 100 % to 0%. It keeps flipping back to 100 %. How do I get it to work?

Link to comment
Share on other sites

Guest Taxed

If the software is messing up, can you override it?

Just last night I caught an error on my software trying to plug in a NOL that did not belong there! Had to override the other income line. I don't have time to hunt it down now but I know that last 2 years the company had net profits.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...