turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Asset Entry Worksheet

How do I generate the correct answer for asset entry worksheet line 9k?  I've answered all of the questions but a fix it error keeps appearing in Turbotax 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

5 Replies

Asset Entry Worksheet

For those of us that don't have the line numbers on the worksheet memorized, what is Line 9k?

Asset Entry Worksheet

9k apparently is special depreciation but depending on the asset type there could be limits which you want to exceed. you'll need to tell us more about the asset and the activity. 

Asset Entry Worksheet

It’s the line for special depreciation deduction. There’s no entry there after answering all of the interview questions. Wondering why TurboTax is identifying this as an item needing to be fixed in order to complete filing. Do I just need to type a zero on the worksheet? It’s for residential rental property (improvements)

Asset Entry Worksheet

Is this item being depreciated over 27.5 years?  Was it placed in service in a previous year?

 

If so, it seems like somehow the program thinks you said it *IS* qualified property (maybe a glitch from a program update).

 

My first suggestion is deleting the asset, then re-enter the asset.  That may correct things.  

Asset Entry Worksheet

Thank you

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question