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Why is the Section 179 deduction not calculating for the Fixed Asset of a 1065 return in SureFire 2016?


🔍 Why is the Section 179 deduction not calculating for the Fixed Asset of a 1065 return in SureFire 2016?

The 179 election amount is a direct entry on the Asset Worksheet, Section 179, Line 5. This allows you to enter in whichever amount of Section 179, you would like to take on the taxpayer's return.

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Tags: federal,form