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Get your taxes done using TurboTax
Line 26 on Form 6252 (and I have two Form 6252's) does have an amount on both. I didn't see anything wrong in Parts I or II on the form. However, I did attempt to enter values in Part I and the Gross Profit Percentage from the prior year return carried over disappeared. I removed the values I had entered in Part I and re-entered the Gross Profit Percentage from the prior year return manually into Line 19 and it now appears the values from Form 6252 do carry over to Schedule D and Turbo Tax returns no errors.
Thank for your assistance.
March 13, 2023
3:54 PM