The error message reads : "Form 4562, Line 12 - You have elected Section 179 on multiple activities, or have a Section 179 deduction on a K-1 activity. The total amount of Section 179 you maty deduct has been limited. You must reallocate the Section 179 on one or more activities. See Tax Help for Form 4562, line 12 for details."
The Tax Help provided no additional information or guidance. This is pretty simple, the form says for line 12, add lines 9 and 10 but don't enter more than on line 11. OK, Line 9 = $1219, line 10 is blank and line 11 is zero. WHAT IS THE PROBLEM??????? This is simple arithmetic that Turbo Tax is giving me an ERROR. WHY can't I OVERRIDE? Can't anyone tell me why I can do this arithmetic myself and OVERRIDE the error??????
