Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jan 13, 2025 3:32:32 AM

How do I remove the list of assets from my year end taxes if they were entered in error?

0 1 1931
1 Best answer
Expert Alumni
Jan 15, 2025 10:24:44 AM

You need to bring up your business or rental schedule in TurboTax and access the equipment so you can delete it as follows:

 

1. Go to Wages and Income in the Federal section of your TurboTax program

2. Find the Self-Employed Income and Expenses option, or the Rental Properties and Royalties (Sch E) option and click on Add/Edit or Review

3. You'll see an option for Assets in the expenses portion of your business or rental activity, use that option to bring up a list of your assets, next to which you will see an option to delete them.

1 Replies
Expert Alumni
Jan 15, 2025 10:24:44 AM

You need to bring up your business or rental schedule in TurboTax and access the equipment so you can delete it as follows:

 

1. Go to Wages and Income in the Federal section of your TurboTax program

2. Find the Self-Employed Income and Expenses option, or the Rental Properties and Royalties (Sch E) option and click on Add/Edit or Review

3. You'll see an option for Assets in the expenses portion of your business or rental activity, use that option to bring up a list of your assets, next to which you will see an option to delete them.