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    <title>topic Form 4562 Line 12 Error in Get your taxes done using TurboTax</title>
    <link>https://ttlc.intuit.com/community/taxes/discussion/form-4562-line-12-error/01/3297411#M1213122</link>
    <description>&lt;P&gt;Line 11 shows 0 and it should have the business income in it.&amp;nbsp; How do I input Line 11?&lt;/P&gt;</description>
    <pubDate>Wed, 11 Feb 2026 09:21:29 GMT</pubDate>
    <dc:creator>help70</dc:creator>
    <dc:date>2026-02-11T09:21:29Z</dc:date>
    <item>
      <title>Form 4562 Line 12 Error</title>
      <link>https://ttlc.intuit.com/community/taxes/discussion/form-4562-line-12-error/01/3297411#M1213122</link>
      <description>&lt;P&gt;Line 11 shows 0 and it should have the business income in it.&amp;nbsp; How do I input Line 11?&lt;/P&gt;</description>
      <pubDate>Wed, 11 Feb 2026 09:21:29 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/taxes/discussion/form-4562-line-12-error/01/3297411#M1213122</guid>
      <dc:creator>help70</dc:creator>
      <dc:date>2026-02-11T09:21:29Z</dc:date>
    </item>
    <item>
      <title>Re: Form 4562 Line 12 Error</title>
      <link>https://ttlc.intuit.com/community/taxes/discussion/re-form-4562-line-12-error/01/3302845#M1215040</link>
      <description>&lt;P&gt;&lt;SPAN style="font-size:14px;"&gt;On &lt;/SPAN&gt;&lt;A href="https://www.irs.gov/pub/irs-pdf/f4562.pdf" target="_blank"&gt;&lt;SPAN style="font-size:14px;"&gt;IRS form 4562 Depreciation and Amortization&lt;/SPAN&gt;&lt;/A&gt;&lt;SPAN style="font-size:14px;"&gt;, line 11 is reporting $0.&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&lt;SPAN style="font-size:14px;"&gt;The total cost you can deduct is limited to your taxable income from the &lt;U&gt;active&lt;/U&gt; conduct of a trade or business during the year. &amp;nbsp;Are you reporting the activity as a passive investor?&lt;/SPAN&gt;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;</description>
      <pubDate>Thu, 04 Apr 2024 21:32:22 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/taxes/discussion/re-form-4562-line-12-error/01/3302845#M1215040</guid>
      <dc:creator>JamesG1</dc:creator>
      <dc:date>2024-04-04T21:32:22Z</dc:date>
    </item>
    <item>
      <title>Re: Form 4562 Line 12 Error</title>
      <link>https://ttlc.intuit.com/community/taxes/discussion/re-form-4562-line-12-error/01/3307274#M1216815</link>
      <description>&lt;P&gt;Thank you.&amp;nbsp; I was reporting as active not passive.&lt;/P&gt;</description>
      <pubDate>Sat, 06 Apr 2024 22:03:57 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/taxes/discussion/re-form-4562-line-12-error/01/3307274#M1216815</guid>
      <dc:creator>help70</dc:creator>
      <dc:date>2024-04-06T22:03:57Z</dc:date>
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