In March 2018, I sold a rental property on the installment basis. For my 2018 return, Form 6252, I typed in the following values:
1) Selling price - Part I, Line 5
2) Mortgages, debts - Part I, Line 6
3) Basis of property sold - Part I, Line 8
4) Depreciation allowable - Part I, Line 9
5) Expenses of sale - Part I, Line 11
6) Gross profit percentage - Part II, Line 19
For my 2019 return, TurboTax copied over the gross profit percentage from 2018 but did not do so for the other fields that I entered. However, on the 2019 6252 form, I was able to enter manually the values for everything except the depreciation allowable field. The only way to enter a value for depreciation allowable field was to override the field.
The first question I have is why didn't TurboTax copy over from the 2018 the following? They were the same figures that need to be entered into Form 6252 for each year of the installment sale, so if Turbo Tax can copy over the gross profit percentage, which is the result of entering the selling price, mortgage value etc..., why couldn't it also copy over these other lines?
1) Selling price - Part I, Line 5
2) Mortgages, debts - Part I, Line 6
3) Basis of property sold - Part I, Line 8
4) Depreciation allowable - Part I, Line 9
5) Expenses of sale - Part I, Line 11
Finally, I hate overriding a field and manually entering a value since it almost always means that I've entered something wrong in TurboTax elsewhere. Does anyone have an idea what I might have done wrong to have to override Part I, Line 9, Depreciation allowable?
