TaxGuyBill
Level 15

@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?