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Level 2
March 1, 2021
Question

disposed asset

  • March 1, 2021
  • 1 reply
  • 0 views

how do I remove disposed asset incorrectly entered?

1 reply

Level 15
March 1, 2021

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
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Level 2
March 1, 2021

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

Level 15
March 5, 2021

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

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