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posted Mar 17, 2024 9:08:50 PM

Turbo tax business 2023 Form 1120S March 17, 2024

This error keeps coming up that kept and has kept me from e-filing on time:

 

"Form4562:Secton 179 Summary: Line 10 - The total carryover of disallowed deduction from prior years does not match dthe total prior year Section 17 carryovers entered on each iindividual activity; Please review your entries in the Section 179 Detail Worksheet (Part 1) on each activity (located on the 199A by Activity Worksheet or dthe incoming K-1 worksheet).  The amount on this  line currently exceeds the sun of the amounts from activities by 33.00."

 

Nothing works when try to change this.

 

Does anyone have a solution?

0 1 2979
1 Replies
Employee Tax Expert
Mar 20, 2024 12:24:42 PM

Have you reported prior year carryovers for more than one activity? This message implies that you have. To resolve this, return to each Schedule C, E, F, or home office (any activity with depreciation) and review your entries for prior year carryovers. The total of each entry must match the total on Form 4562 Line 10 (from your prior year return). It's possible you entered a number twice, missed an entry, or have a typo.