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Section 179 allows more than $108


The limitation is not calculated without a copy of Form 4562 and the depreciation worksheets for each of the Section 179 election properties in the return.

 

You must link (press F9) from line16a on the K-1 for Partnerships and S-Corporations to a Form 4562, and then from line 6a of Form 4562 to a depreciation worksheet. Enter the asset and amount of Section 179 elected on the depreciation worksheet, and then the limitation will be calculated on Part 1 of Form 4562.

 

 

Additional Information:

Para obtener la versin en espaol de este artculo de Knowledge Base, haga clic aqu:La seccin 179 permite ms de $108,000 cuando usa la forma Schedule K-1



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