PKCPAMST
Level 5

Here is the solution:

Go to Screen 22 - Other Schedule K Items. Select Section - 179 Deduction (4562) (the very last section)and go to the field "Taxable income for limitation (O)" and enter the  Section 179 carryover amount. That will zero out Line 13 - Carryover of disallowed deduction to 2021 on Form 4562, without affecting the balance sheet.

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