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Level 4
posted May 16, 2021 11:17:55 PM

Review error: "Total section 179 carryover shown here does not match the sum of the Section 179 carryovers shown on each individual activity"

Hello, I have no idea how to solve this error, please help! It is my only error :(

Thank you!

0 5 1990
5 Replies
Level 3
May 16, 2021 11:20:38 PM

Go back to your Section 179 (use search) & look at the total amts there & add them up.  That should correct the problem.  TT should auto correct this in that section, then try it again, see if it corrects.

Level 4
May 17, 2021 1:25:47 AM

Thanks, but I don't see the search you are referring to. I am using the desktop version and I don't know where the "Section 179" is. Do you mean inside form 4562, part 1?

 

Expert Alumni
May 17, 2021 10:03:06 AM

Yes, you would see separate Forms 4562 for each activity which produced a Section 179 carryover. Since you are using a Desktop version of TurboTax, you should be able to access the forms in your return by going to Forms mode in the upper right hand corner of your screen.

Level 4
May 17, 2021 10:33:15 AM

I have two 4562 forms. One of them has the 552 and the other doesn't have anything else, so I am not sure why it says that it doesn't add up.

 

...

 

Expert Alumni
May 17, 2021 10:53:55 AM

That is strange. Maybe you can enter zero on the other Form 4562 rather than leaving it blank?