Did you expense too much? Expense too little?

Good news: You can change the too-much expensing and/or the too-little expensing.

In fact, you can claim Section 179 expensing when you took nothing in the first year.

This article gives you the ins and outs of when you can file a 1040X or 1120X to change your Section 179 expensing.

The New 1040X, 1120X Amended Return Rule

Before 2003, you set your Section 179 expense deduction in stone when you filed or amended your tax return ... Log in to view full article.