How to Set Up Section 179 Deductions
Use Section 179 setup to create the tax year calendar and limits for the section 179 deductions.
- Related Topics:
- Add a Section 179 Deduction Limit
Create the tax year calendar and limit for section 179 deductions. - Delete a Section 179 Deduction Limit
You can delete the tax year calendar and limit for section 179 deductions. - Disable Section 179 Limits for an Additional Book
You can disable the section 179 deduction for an additional book after you have applied section 179 deductions to asset items and the depreciation that was processed for the asset items. After you clear this option, the next time that you process depreciation, Vantagepoint recalculates the accumulated depreciation without the section 179 deduction.
Parent Topic: How to...