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Problem with TT Business no allowing 100% Special depreciation allowance
Program glitch? Turbotax Business is allowing the entry of an asset (purchased in June 2025) as being eligible for the special deduction allowance (which I then approve), but not on final 4562. There is a red X (indicating an error) on the line "Percentage for Special Depreciation Allowance" on the Federal Asset Entry Worksheet, which means it's not filling out Section B on Form 4562 properly.
I have updated the software earlier today (1/30/26) and deleted and re-entered said asset. Nothing works.
yesterday