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Get your taxes done using TurboTax
I had a similar situation except that I sold the property in 2022. TT showed the Sect 179 carryover on the carryover worksheet and then told me that I had an error. I changed the carryover to zero and the error went away. I think TT needs to fix their program to account for Sect 179 carryovers when the rental property/business is no longer in-use.
March 11, 2024
12:04 PM