Section 179
Use Section 179 to create the tax year calendar and limits for the section 179 deductions.
- Add a Section 179 Deduction Limit
You can create the tax year calendar and limit for the section 179 deductions. - Delete a Section 179 Deduction Limit
You can delete the tax year calendar and limit for the section 179 deductions. - Turn Off Section 179 Limits for an Additional Book
You can turn off the section 179 deduction for an additional book after you have applied the section 179 deductions to asset items and the depreciation that was processed for the asset items. When you clear this option, the next time you process depreciation, the accumulated depreciation will be recalculated without the section 179 deduction.
Parent Topic: Procedures