1065 Sch. L line 9b, Column A and Column C are the same amount. Column C amount should be the amount shown on Form 4562, total accumulate depreciation. How to fixed this?

[Rick19744]

I don't believe the balance sheet is adjusted for depreciation expense.  I believe the balance sheet (Schedule L) is essentially manually created, unless the amounts may be imported from Quickbooks.  As a result, you will need to adjust this manually.

[helentanyu]

I cannot edit sch L line 9b column b - I have amounts in column a for line 9a and 9b but system wont let me enter the net amount on column b on line 9b

[Anonymous_]

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@helentanyu wrote:

I cannot edit sch L line 9b column b - I have amounts in column a for line 9a and 9b but system wont let me enter the net amount on column b on line 9b

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Try entering those figures in the interview (Step-by-Step) mode, Balance Sheet section, rather than directly on the form itself (see screenshot).

[PCPA]

Au contraire, last year's program did calculate accumulated depreciation correctly without the need for manual entry.  It seems that there's a glitch this year.  I just spent 2 hr 27 min on the phone with two Turbo Tax representatives.  The second one said that they don't actually have business support, sending me to the IRS Business Advice line  [phone number removed], where, she said, someone will walk you through calculations.  She did agree to send this problem up the chain, with luck to the software/coding department, since that, rather than user calculations, seems to be the problem

[Anonymous_]

The posts above yours are applicable to the 2018 tax year (or even an earlier tax year) as they were transferred from the old TurboTax board. The dates shown on the posts are not necessarily the dates the posts were written and posted.