Carryover Workseet

During Turbo Tax's review of my return, I am getting the message "total section 179 carryover shown here does not match the sum of section 179 carryovers on each individual activity."

I did not complete this myself and cannot fix. What do I do now?

367

Expert Alumni

Mar 19, 2020 5:56:00 PM

Try the following workaround:

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. Populate line 10 and line 12 with your total carryover. Once you populate these lines the error on the Sec 179 Limit page will go away.

You can also review additional instructions in the link below:

Section 179 Workaround

Returning Member

Mar 24, 2020 12:59:03 PM

To correct my error on Carryover Worksheet 179 I followed your directions to Open Form 4562 but it won’t let me enter anything on Line 10 and 12. What am I doing wrong?

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Carryover Workseet