TT Business will not let me enter the correct service date (2/28/13) only the date the LLC was formed (1/1/23).
That's because a business can not have possibly possessed assets, before the business existed. That's like if you were born in 1965 and someone asks for your baby pictures from 1961. Not gonna happen.
Because the transfer from your 1040 tax return to the 1065 tax return is not a taxable transaction, your business start date must be on or before the asset in service date. So change your business start date accordingly, and it'll all work out fine. Since there is no change in the "people" that own the property, this is not a problem.
