Solved: "Schedule C (Photographer) -- Asset Entry Worksheet (Camera): State prior depreciation-1 (NH) should be blank. This asset was acquired in the current tax year."
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newhampshire
New Member

"Schedule C (Photographer) -- Asset Entry Worksheet (Camera): State prior depreciation-1 (NH) should be blank. This asset was acquired in the current tax year."

Can someone assist me with this question?

1 Best answer

Accepted Solutions
MichaelL1
Level 15

"Schedule C (Photographer) -- Asset Entry Worksheet (Camera): State prior depreciation-1 (NH) should be blank. This asset was acquired in the current tax year."

Double check the date you entered for the asset acquired, as if it is new purchase in 2018, then the prior depreciation should be blank as TurboTax is saying.

Did you enter an amount for prior deprecation taken? If so, remove it.


View solution in original post

4 Replies
MichaelL1
Level 15

"Schedule C (Photographer) -- Asset Entry Worksheet (Camera): State prior depreciation-1 (NH) should be blank. This asset was acquired in the current tax year."

Double check the date you entered for the asset acquired, as if it is new purchase in 2018, then the prior depreciation should be blank as TurboTax is saying.

Did you enter an amount for prior deprecation taken? If so, remove it.
newhampshire
New Member

"Schedule C (Photographer) -- Asset Entry Worksheet (Camera): State prior depreciation-1 (NH) should be blank. This asset was acquired in the current tax year."

Thanks so much! Solved!
MichaelL1
Level 15

"Schedule C (Photographer) -- Asset Entry Worksheet (Camera): State prior depreciation-1 (NH) should be blank. This asset was acquired in the current tax year."

My pleasure and will put very short answer in so others know this is taken care of.  
MichaelL1
Level 15

"Schedule C (Photographer) -- Asset Entry Worksheet (Camera): State prior depreciation-1 (NH) should be blank. This asset was acquired in the current tax year."

Double check the date you entered for the asset acquired, as if it is new purchase in 2018, then the prior depreciation should be blank as TurboTax is saying.

Did you enter an amount for prior deprecation taken? If so, remove it.


View solution in original post

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