Solved
Section 179 Deduction for Initial Short Year S-Corp
I need help with claiming Sec 179 Deduction for an S-Corp. It seems I can enter the section 179 basis and current year total and it will appear on Form 4562 on Ln 12, but will not carry to Ln 22 of 4562, and not to 1120S Ln 14.
This is the s-corp's initial return and it began 2/4/24. I do not know if this has something to do with it, if I am missing something. I do have the partial year entered and elected on the return and it is popluating on 1120S.
I have spent two days, and 1.5 hours with a chat agent and still no further. Any ideas or suggestions will be appreciated!!!
