Turbotax Business Disposal of Rental Property

[Dawn61]

I am using the off-line version of Turbotax Business 2022.

Under FEDERAL TAXES - Rental Real Estate - Tell Us More about the Disposal of Your Asset - Date you sold the property I have typed in 03/31/2022.  It gives me the message "Date of Dspstn has an unacceptable value".

Then if I click on the Continue button, I get the following message:

"Asset sale information must be entered in the tax year that the property was actually sold of disposed of.

You have entered a date of sale that is not in the 2022 tax year..."

I don't understand, is there a bug in the system?  We sold the property in 2022.  Please explain to me what is the problem?

[Anonymous_]

Check your selected tax year carefully to ensure you either used a calendar tax year for 2022 or that a fiscal year includes the 3/31/2022 date (e.g., 11/1/2021 - 10/31/2022 would be in range).

This is the most common type of date of sale error.

[AbrahamT]

First of all, did you properly enter all the asset information including the date of purchase/ how much it was purchased for etc. correctly? See this;

then

then this

then to this screen- Under Dispose of Rental property, see above

And then here it is

It worked for me, so hopefully it should work for you the same.    Good luck!