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New Member
posted Nov 19, 2020 7:56:16 AM

Form 4562, Section 179 Depreciation.

My carry over from last year is entered the same as last year, and no further depreciation was taken in either year.  The form looks exactly the same as last year, but I keep getting an error rejection.  No matter what I enter, to try and fix it,, it still gives me the same error. The worksheet shows the listed property as fully depreciated. How do I clear the error message so I can efile my return?

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2 Replies
Level 15
Nov 19, 2020 8:12:31 AM

The 2020 program is still in a beta version and many parts are not yet functional and will not be until late January and for some things Feb or even March.  If you are entering things in now be aware that you will need to revisit many screens later before you file so the program updates can take affect.  

Level 15
Nov 19, 2020 8:13:39 AM

While you’re working on your return, you’ll have a chance to let us know you want to receive email updates when your forms become available.

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