2564439

Form 4562 Line 12

The error-locating portion of turbo tax is telling me that I need to reallocate the section 179 expense deduction as I have exceeded the maximum allowable. It is pointing me to Line 12 on that schedule but will not allow me to delete the previous number and enter a new number. How do I fix this? Thank you!

posted

Connect with an expert

2 Replies

Form 4562 Line 12

You will have to go back to the Asset Entry part (usually in Business Expenses or Rental Income) to make the correction.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Form 4562 Line 12

Thank you so much!!

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post