Discussion:Section 179 assistance

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Discussion Forum Index --> Advanced Tax Questions --> Section 179 assistance
Discussion Forum Index --> Tax Questions --> Section 179 assistance

Asecpa (talk|edits) said:

4 November 2009
My client has substantial profits this year and put a piece of equipment in service last year that would have been eligible for 179 however the company sustained a loss and therefore it was not needed so not elected last year. Are you allowed to amend a tax return to elect 179 and allow it to carry forward or do you have to get approval for this sort of thing.

Belle (talk|edits) said:

November 4, 2009
Here's a recent discussion that might help. Search for ยง 179 for more.

Discussion:Sec 179 on Amended Return

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