Carl
Level 15

Investors & landlords

I mistakenly input 01/01/19 as the conversion date. I do not see any depreciation when I look at the summary.

Oh I see what you mean now. With a conversion date of 1/1/2019 I would not expect you to see any depreciation. Just work through the asset again so you can change it to the right date, or remove the date if you want to wait until next year to convert it on 1/1/2020.

Work through the asset again indicating that you stopped using the asset in 2019.

For your "date of sale or disposition" you can either enter the correct date, or leave that field completely blank if you want to wait to convert on 1/1/2020 next year. Then click Continue.

- Now if you elected to leave the conversion date blank so you can wait till next year, work through the asset yet again, and indicate that you did "not" stop using the asset in 2019. That should do it.

As a reminder, this stuff has to match exactly for every asset listed.