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2Tricky
New Member

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!

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2 Replies
MaryK4
Expert Alumni

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.  

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2Tricky
New Member

Form 4562 Line 12

Thank you so much!!

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