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179 Expense should not exceed cost of asset?!!

Got the following info from our accountant for Sales to be reported on Form 4797
a - XXX
b - 06/02/2014
c - 07/03/2023
f - 3800

i - 3950

The Smart Check is giving me an error that 179 Expense should not exceed cost of asset

How can I resolve this error?  Just do it so that i is 3800 and override the Ordinary Gain to be 150?

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2 Replies

179 Expense should not exceed cost of asset?!!

Column (f) is the basis. I'm not sure where the accountant got the $3950 figure.

 

I'll page @Mike9241 for input.

179 Expense should not exceed cost of asset?!!

haven't a clue ask the accountant

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