Form 4562, Line 10 error in final review

[Masonry3]

My Token is 585540

[rosefieldservice]

same problem , please help

[Jbeck]

I figured out what David from TurboTax was referring to in his response.  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.  I had to populate line 10 and line 12, then go into the box below Line 11 and populate it as well.  Once you populate these lines the error on the Sec 179 Limit page will go away.

[Jbeck]

I figured out what David from TurboTax was referring to in his response.  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.  I had to populate line 10 and line 12, then go into the box below Line 11 and populate it as well.  Once you populate these lines the error on the Sec 179 Limit page will go away.

[Davidoc]

no my line 10 is populated with the correct number  3439.  It matches the 2018 carryover.  My line 11 is 0 because of a business loss and cannot be overridden.  My line 12 is therefore 0 and cannot be overridden.  Line 13 is 3439.

thanks

[yesenia-celestin]

Thanks!  Problem resolved!

[phillbrown777]

I'm having the same exact problem.

[berpatri]

Hi DavidS127, I've received the same error during the transmission of my taxes and following your instructions I got the token number 586554, please Help me, I don't find any error in the line 10 from the 4562 Form. How can I fix it in order to sent the 1120S tax online?

[DavidS127]

As a update, the diagnostic files I looked at don't have a "current year" Form 4562, i.e., all the Form 4562 activity was carried from a prior year.  As a result, there is no Form 4562 for you to access the "smart worksheet for Section 179 information by activity for K1 reporting".

I attempted a "workaround" by creating a current year asset worksheet for $1 to generate a Form 4562 and therefore access that "smart worksheet".  But, I was unable to clear the error on the "Sec 179 Limit form" when I tried that.

I have submitted for investigation and will post updates as they become available.

@Davidoc

@Jbeck

@Masonry3

@berpatri

[stashia]

I am having the same issue. When will we hear back on how to fix?

[Jbeck]

I figured out what David from TurboTax was referring to in his response.  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 menu of forms you will see that LINE 10 is not populated with the prior year carryover number.  I had to populate line 10 and line 12, then go into the box below Line 11 and populate it as well.  Once you populate these lines the error on the Sec 179 Limit page will go away.

[Jbeck]

Is your error showing up on form Sec 179 Limit  or the very first 4562 page titled Form 4562 shown above it?  My error was showing up on the form named Sec 179 Limit.  I had to click on Form 4562 on the menu to the left, its listed above the Sec 179 Limit form.  That is where I needed to populated that LINE 10 is the prior year carryover number, line 12, then go into the box below Line 11 and populate it as well.  Once you populate these lines the error on the Sec 179 Limit page will go away.

[stashia]

@Davidoc

@Jbeck

Thanks for the reply. I had read that answer in the earlier thread. I was able to enter info in Form 4562 line 10 & 12 as well as clicking in the box below line 11. However, doing that did not correct the error on the 179 page. I tried saving and re-saving both forms hoping it would correct the error, but it didn't.

[candycaned]

error on line 10 that cant be override

[Dragonfyre]

I have done all the 'work arounds' listed online.  

Still need this bug to be fixed.

Is there an ETA for this being fixed?