I have a lengthy question. I apologize ahead of time. I use TT (CD version every year). Last year (2021) the Schedule C would not allow me to enter depreciation on Line 18 as it has every year for the past 10! I could not get it entered, even trying to OVERIDE. I lost money to the IRS due to this and no one could explain why the program wouldn't allow this deduction. This year I want to do my tax, again using TT (CD) version, in 2 ways, and I'd like to know if this is going to work. First, I will download and transfer all the data from 2021 to 2022, just as always. This makes things much easier as it has names, Soc Sec #'s, addresses, and Federal Carryover Wksht from huge losses I'm still using from 2009. Once this is all loaded, I will go directly to Schedule C and see if the program will allow an entry this year on the depreciation line 18. If it doesn't then I want to try a second option, still using TT (CD). But I need to understand whether TT will allow this. I will choose FILE/NEW TAX RETURN and use a different file name. Now if I do this will TT allow me to insert all the data myself versus transferring all the 2021 data to this new file name for 2022? Because I'm thinking that may be the reason that line 18 isn't accepting an entry. If TT doesn't pre-fill in this second option, then it will be like I'm doing a FRESH return. What do you think of using this 2nd option if the 1st still doesn't work? And can anyone give add'l options that I could try?
