TaxGuyBill
Level 15
03-31-2024
01:22 PM
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@oldsheldon wrote:
asset class NR lights up red but no error message NR is only possible answer
year of depec 2 this is filled in by proseries and cross ref says it is for info only
It shouldn't be red and it should show Year 1, not Year 2, so something is acting up weirdly.
- Have you verified you entered 2023 for the placed in service date?
- Does it show any prior depreciation? Or any 179 or Bonus?
- Does the actual Asset Entry Worksheet show the wrong depreciation, or is the depreciation correct on the Worksheet and carried to Schedule C/E/F incorrectly?
- Have you tried deleting the Asset Entry Worksheet and enter it again?