Form 4562, Line 10 error in final review

[WuhanVirus]

I'm getting a Disposition of asset date has an unacceptable value, even though im using the correct format: 06/03/2019 any thoughts? I have over 60 items I disposed of (Sold the Business, Bulk sale) 

[OnTheGroundTravel]

Holy crap - I was struggling for hours trying to fix this error.. even the initial help from TurboTax wasn't useful.  So glad I found your post.  Thanks!

[Laurarobinson1889]

Did this get fixed yet? I’m having same issue and not able to file.  I can’t even get it to file an extension... is due today. 

[finny]

 Thanks, I wish I had check on a solution to this a couple hours ago.

[bob1973]

Dear David,

Token 649332

I am unable to correct the Sec 179 Line 10 error.  I have an S-Corp (Not a Partnership) and I do not have any current year assets to add in.

Bobby 

[phone number removed]

[zaxy]

I had the same problem as yours and the solutions below were not working because for some reason TurboTax had also 'doubled' my carryover from 2018!! Very very disconcerting. Anyway, after I also then fixed the amount in the "1065 Depr Opt" section 4a and 4b did the error finally go away.

If this is the state of the software, I am really concerned whether my taxes have been accurate over the years!!

Hope this helps someone.

[roundt3]

This isn't working and now I can't efile. It won't let me enter the info on those lines and it won't let me override. This is really bad....

[ChattyCathy1]

This error still exists for 2020 tax year. So glad it's the last year I am doing taxes for our S-corp. Hoping the recommended workaround does not mess anything up in the filing. Last year, I finally had to mail it, but this year I got it to work. Thanks for giving a reasonable solution! Shame on you, Intuit.  

[Robertw619]

David,

I am really struggling to complete my 4562 Line 10 and 12 error and would greatly appreciate the opportunity to compensate you for your support in help me through this.  I would prefer a online screen sharing or phone so could you advise if you offer this type of support.  Every time I reach out to Turbo Tax support they tell me they cannot help me since this is TurboTax Business.  

[Robertw619]

I can provide my telephone if someone is willing to assist me.  

[mabpclaw]

The fix suggested does not solve the problem.  Now what?

[MarilynG1]

Click this link for info on Form 4562, Line 10 Error.

Since we can't see your return in this forum, you can Contact TurboTax Help if you can't resolve the issue. 

[lisaphillipsrei]

This worked. Had to fill in the line on form 4562.