topic Form 4562, Line 10 error in final review in Get your taxes done using TurboTax

Form 4562, Line 10 error in final review

Davidoc — Sun, 02 Feb 2020 06:09:13 GMT

When selecting E-file and just prior to going online, a final review takes place and indicates that my 4562 Line 10 amount does not match my 2018 disallowed carryover amount. It does match. The help screen tells me to find a smart worksheet for Section 179 information by activity for K1 reporting. I cannot find anything like that. There is only one activity for that asset and the carry over number matches the 2018 carryover. In the forms list it says my Section 179 Limit form is not complete. How can I fix this?

Thanks

Re: Form 4562, Line 10 error in final review

wquinby47 — Sun, 02 Feb 2020 17:10:26 GMT

Getting the same error. Looks like a program bug. So, what's the answer TurboTax?

Re: Form 4562, Line 10 error in final review

OVJosh — Sun, 02 Feb 2020 22:41:59 GMT

I am getting the same error. What do I do about it?

Re: Form 4562, Line 10 error in final review

JB... — Fri, 07 Feb 2020 00:04:16 GMT

I figured out what David from TurboTax was referring to in his response. The error is showing up in FORMS MODE on the Sec 179 Limit form not on the Form 4562. If you click on Form 4562 on the left you will see that LINE 10 is not populated with the prior year carryover number. I had to populate line 10 and line 12, then go into the box below Line 11 and populate it as well. Once you populate these lines the error on the Sec 179 Limit page will go away.

Re: Form 4562, Line 10 error in final review

manijaya87 — Mon, 03 Feb 2020 20:24:41 GMT

Getting the Same error. Spent more than one hour with the Turbo Tax Advisor. She gave a workaround to delete and add those assets again but the error is still there

TURBO TAX PLEASE FIX THIS BUG !!!!!!!!!

Ananth

Re: Form 4562, Line 10 error in final review

manijaya87 — Mon, 03 Feb 2020 20:28:24 GMT

The case ID for this Issue was 455 132 878. Tried reaching out to the [phone number removed] but NO LUCK

Need TURBO TAX to address this Issue expeditiously

Regards

Ananth

Re: Form 4562, Line 10 error in final review

Anonymous — Tue, 04 Feb 2020 00:29:36 GMT

Same error, any new info on how to fix?

Re: Form 4562, Line 10 error in final review

Davidoc — Tue, 04 Feb 2020 01:08:42 GMT

No response yet. Other people are having the same error. I don't know how to get an answer from the Turbo guy's.

Re: Form 4562, Line 10 error in final review

DavidS127 — Tue, 04 Feb 2020 18:20:46 GMT

The "smart worksheet for Section 179 information by activity for K1 reporting" you are looking for is in a "box" just below Line 11 on Form 4562 (in "Forms mode"). Attempting to replicate your issue I entered a carryover amount on Line 10, and in that "box", the carryover populated on Row B, Column (a) but not Column (b) which was red (indicating an error). When I manually populated the Row B, Column (b) it accepted the entry.

When you look at that Row B, Column (b) in that "box" just under Form 4562, line 11 (in Forms mode) is there a number there and/or is it shaded red?

@Davidoc

Re: Form 4562, Line 10 error in final review

DavidS127 — Tue, 04 Feb 2020 18:57:16 GMT

It would be helpful to have a TurboTax ".tax2019" file that is experiencing this issue. You can send us a “diagnostic” file that has your “numbers” but not your personal information. If you would like to do this, here are the instructions:

On your menu bar at the very top, click “Online” and then “Send Tax File to Agent”. When you click to send, you will get a pop-up with a token number. Reply with the token number and I’ll be able to open a TurboTax Business file with your numbers but not your personal information. That may help diagnose the issue.

@Davidoc

Re: Form 4562, Line 10 error in final review

JB... — Fri, 07 Feb 2020 00:02:11 GMT

Re: Form 4562, Line 10 error in final review

JB... — Sun, 09 Feb 2020 03:23:01 GMT

Here is my file's Token # PII

Re: Form 4562, Line 10 error in final review

Davidoc — Sun, 09 Feb 2020 03:23:35 GMT

Thanks alot. My Token number is [PII]

Re: Form 4562, Line 10 error in final review

Davidoc — Wed, 05 Feb 2020 00:33:43 GMT

I will work on that tonight. I sent you the file in the mean time. Thanks a lot.

Re: Form 4562, Line 10 error in final review

Anonymous — Wed, 05 Feb 2020 22:05:56 GMT

Any luck fixing problem?

Re: Form 4562, Line 10 error in final review

Masonry3 — Thu, 06 Feb 2020 03:06:22 GMT

My Token is 585540

Re: Form 4562, Line 10 error in final review

rosefieldservice — Thu, 06 Feb 2020 20:21:54 GMT

same problem , please help

Re: Form 4562, Line 10 error in final review

JB... — Thu, 06 Feb 2020 23:55:29 GMT

Re: Form 4562, Line 10 error in final review

JB... — Thu, 06 Feb 2020 23:56:17 GMT

Re: Form 4562, Line 10 error in final review

Davidoc — Fri, 07 Feb 2020 01:20:58 GMT

no my line 10 is populated with the correct number 3439. It matches the 2018 carryover. My line 11 is 0 because of a business loss and cannot be overridden. My line 12 is therefore 0 and cannot be overridden. Line 13 is 3439.

thanks