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Level 3
June 18, 2025
Question

Recapping Section 179 writeoff on SCorp K-1

  • June 18, 2025
  • 1 reply
  • 9 views

I had a Section 19 deduction on SCorp K-1 in 2024. Property sold in 2025.  How do I recap the section 179 amount.  

1 reply

sjrcpa
Level 15
June 18, 2025

It passes through separately, generally as a statement, on the K-1s. The software should handle it (but I don't use ProSeries)

The more I know the more I don’t know.
IRonMaN
Level 15
June 18, 2025

The software does handle it.

Slava Ukraini!
Level 3
June 18, 2025

I don't have the SCorp software.  does it go from 4797?