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Section 179 carry over causes error in TT
I had a Section 179 expense (Form 4562) that TT disallowed in 2023 tax return due to business income limitation; ok , I understand . Part I, line 13 of that form lists it for carry over to 2024.
But now when filing for 2024 I get an error in 2024 Carry Over Worksheet line 24 that apparently has the correct number from 2023. Error states: "Does not match sum of the section 179 carry overs"
I had one carryover; it is same number on the 2023 return and now the 2024 returns. I cannot override and this is confusing.
March 2, 2025
2:25 PM