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danieldjr
New Member

Endless loop trying to dispose of farm assets

We closed our LLC partnership in 2023.  I currently have two problems in Turbo Tax step by step.

1) I have marked all assets in farm asset list as sold and entered FMV sales price and date.  After finishing the last item on the list I click done and program pulls up the last item and asks to repeat the disposal steps.  I cannot get out of this endless loop other than restarting the return.

 

2) The program will not let me out of the Total Business Income page.  When I attempt to move to next step the program tells me I have assets that have not been disposed.  I already disposed of all farm assets and have no business assets.  

 

What can I do to resolve these problems and complete my return?

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2 Replies

Endless loop trying to dispose of farm assets

In the Farm Income section, do you see the Farm asset disposition line (and a figure)? I tried entering a few assets in a test return and I did not encounter any issues with the dispositions of those assets.

 

You may have to contact Support for this issue.

 

How do I contact TurboTax? (intuit.com)

danieldjr
New Member

Endless loop trying to dispose of farm assets

I tried again and still no success.  The program tells me a number of forms needed to complete my return are not ready yet, perhaps this is part of problem.  I guess I will have to contact tech support.  After many years of use, Turbo Tax is losing its luster.

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