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Level 1
posted Feb 28, 2021 7:00:36 PM

disposed asset

how do I remove disposed asset incorrectly entered?

0 6 621
6 Replies
Expert Alumni
Feb 28, 2021 8:18:59 PM

To remove an asset incorrectly entered, in TurboTax Home & Business:

  • Click on the Business tab
  • Click on "Business Income and Expenses"
  • I'll choose what I work on
  • Choose "Business Income and Expenses"
  • Scroll down to "Business Assets" and click on Update
  • On the "Business Asset Summary" page, click Delete next to the Asset you want to Delete

Returning Member
Mar 1, 2021 9:05:45 AM

Same issue with TT SE online. Cannot edit or delete the entry.

Level 1
Mar 1, 2021 3:09:09 PM

this is for TurboTax Business for a 1065. 

Intuit Alumni
Mar 5, 2021 11:13:05 AM

Please see the below FAQ for assistance with deleting your Form 1065:

How do I delete a tax form in the TurboTax CD/Download software?

@JLPo

Returning Member
Mar 15, 2021 11:51:22 AM

The link Michael O provided takes me to a page that displays "This site can't be reached". Is there a typo in the linked address?

Expert Alumni
Mar 15, 2021 12:01:48 PM

In TurboTax Business, you can delete a form by going into Forms Mode.

 

  1. Go into Forms Mode by clicking on the Forms icon in the top right of the blue bar
  2. In the Forms in My Return list on the left, click on the form you wish to open and delete.
  3. Click on the Delete Form box at the bottom of the screen.
  4. To return to the interview, click on the Step-By-Step icon in the top right of the blue bar.  

@grf5274