I accidentally input that I sold one of my rental properties. I've changed it to say that it wasn't sold and deleted the data that I input for the sale. However, now when I try to file, it keeps bringing up error to fix saying I must enter sales date on the worksheet. How do I get around this?
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When TurboTax prompts you to enter a sales date for a rental property you did not sell, it usually means the program still has some data linked to the sale entry. To resolve this:
1. Go back to your Rental Properties section and select the property in question.
2. Find the Sale or Disposition section and carefully check that all sale information is fully cleared or marked as "not sold."
3. Check the Depreciation and Asset sections for that property and confirm no sale date remains.
4. Sometimes, you may need to delete and re-enter the property to reset the data.
Make sure all changes are saved. This should clear the error about the missing sales date before filing.
Thank you, but I've already tried clearing all that. Is the only way to delete and re-enter the property? that's going to get rid of my history with it right, since I have assets associated with it that are still depreciating. I'm not sure to how re-enter all that like previous refinance, etc.
It depends. First follow the steps here to remove the check mark beside 'Sold, retired, etc... Once that is complete you should do the following if you are using TurboTax Online:
Close your return after removing the sales check mark. Try clearing the cookies and cache. It handles many issues that seem nonsensical on a regular basis with online activity. Watch to be sure you are selecting 'all time' as example. Do not use selections like 'last hour' for those browsers that give you options.
Once this is complete open your return and try again.
If you are using TurboTax Desktop, save your return, then at the top select Online, then Check for updates.
Review these steps to remove the check mark:
You need to dispose of the property by telling TurboTax how and when it was disposed of. Follow the instructions below.
Please update if you have any additional questions after your follows the steps above. These steps should help to eliminate any re-entry of the assets.
This did not work. I am using Desktop
Frustrating. Deleting and reentering the property is nuts. I have multiple items depreciating. This is nuts!
One more thing to try, the backwards method. In this order:
Once everything is completely gone, close the program immediately.
Online version:
Desktop version:
I finally succeeded by going to forms and finding the date of sale and deleting it. After doing that, the depreciation was consistent with the prior year. Both finding the sale date and deleting it took some work.
I noticed after doing this that someone who knew more than me posted instructions that used forms and had instructions on how to delete.
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