if you qualify as a real estate professional did you check that box in Turbotax? A real estate professional is not subject to the passive real estate loss limitation. However, 179 does no good when you have losses pro or not.
To get a 179 deduction you must have a profit from the activity. All tax apps would do the same as Turbotax - limit your 179 deduction to zero because evidently, your real estate reporting shows a loss. The 179 amount disallowed will be carried forward until there is a taxable profit from your rental activity. Gain from the sale of
revocation can be done only if the iRS consents
IRC 179(b)
(3)Limitation based on income from trade or business
(A)In general
The amount allowed as a deduction under subsection (a) for any taxable year (determined after the application of paragraphs (1) and (2)) shall not exceed the aggregate amount of taxable income of the taxpayer for such taxable year which is derived from the active conduct by the taxpayer of any trade or business during such taxable year.
Turbotax and other non-pro apps require some knowledge of the tax laws when there's a business activity.
reading IRS PUB 946 - the 179 section may help you. if not confer with a tax professional.
https://www.irs.gov/pub/irs-pdf/p946.pdf
Turbotax also offers free file for extensions.
