TT says I have taxes from investment credit property recapture (1040 line 62 code ICR) however this is incorrect and I cannot get it to change. Web version

[slee]

TurboTax is indicating that I owe taxes from investment credit property recapture (1040 line 62 code ICR) however this is incorrect (never earned an ICR to recapture) and I cannot get it to change. How do I fix this? Am using online Premier version.

[DoninGA · Accepted solution]

Delete Form 4255 Recapture of Investment Credit.  Click on Tax Tools on the left side of the screen.  Click on Tools.  Click on Delete a form

See this TurboTax support FAQ for the error - https://ttlc.intuit.com/questions/4501975-investment-recapture-credit-form-4255-causing-rejection-er...

[vmd1]

There has to be a glitch in the software was receiving that tonight too.  

[brandon-c-ray]

This fixed it for me.  Awesome...thanks!!!

[carmenc]

Deleting form 4255 worked for me too. Thanks DoninGA!

[michele-sinito]

Thank you all so much for posting this! Even TT's own directions on how to fix it didn't work, but this did. Thanks again!!