Turbotax Business line 10 form 4562 I cannot override it/get rid of it. My return says 1 error. How do i get rid of it or change it? or just send return with error
very small business/little revenue. Where does this line eminate from? How do i get rid of it or override? When I hit the right hand button ovverride not working
03268
3 Replies
Mike9241
Level 15
Feb 9, 2023 5:35:04 PM
overrides prevent e-filing.
it comes from the carryover worksheet
jellebelle
Returning Member
Mar 15, 2023 9:58:34 AM
I have this same issue. I can see this same amount on my Schedule E, Section 179 carryover on 2021's taxes, but something didn't get transferred over from 2021 and now I'm stuck.
JamesG1
Expert Alumni
Mar 15, 2023 2:12:07 PM
In TurboTax Business, follow these steps to remove the Carryover of the disallowed deduction on line 10 of the IRS form 4562 Depreciation and Amortization.
Across the top of the page, select Federal Taxes.
Select Deductions.
Select Start / Update to the right of Assets.
At the page Business Asset Summary, select Done.
At the page Section 179 Carryovers, enter 0 or leave blank.