Income - Small Business Investor Deduction FAQs

If a business claims bonus depreciation or an excess Section 179 deduction, it is required to add-back 5/6 of the bonus depreciation and excess Section 179 deduction. Can taxpayers claim a deduction for 50% of the 5/6 add-back?

  • Refer to the IT SBD instructions for line 6 and line 9b regarding depreciation.