Personal/Deductions & Credits/Retirement and Investments/Other Investment Expenses
At the end of this walk-through, after I enter Investment Expenses and click Continue, suddenly I'm presented with a screen called Asset Summary, where I'm given the opportunity to enter and/or edit (I assume for assets being carried forward) assets used for business if the amount of business use of said asset has changed or stopped altogether. I can also Add an Asset.
First, why is this business-y thing under the Personal section? And why is it at the end of the Other Investment Expenses subsection? And where would any pre-existing business asset entries have come from? Here last year? The Business tab/section last year?
Very confusing.
You'll need to sign in or create an account to connect with an expert.
Did you click the "Yes" button on the screen that asks if you had Any Investment Equipment?
if you click "Yes" on that screen, then the asset summary will appear even if you back out of that screen and start over.
Did you click the "Yes" button on the screen that asks if you had Any Investment Equipment?
if you click "Yes" on that screen, then the asset summary will appear even if you back out of that screen and start over.
Nosir. Did not see that question.
(or ma'am)
The screen that contains that question is there, the only issue is whether you inadvertently clicked "Yes".
Regardless, you can simply delete the (nonexistent) asset (since there should be nothing listed as such).
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
ammason
Returning Member
kacee13
New Member
GeorgeAndGracie
Level 2
GeorgeAndGracie
Level 2
lamspp
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.