- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Good morning, need to change Asset Entry classification from Sch A Misc to Sch E worksheet. When I go to Forms then Change Activity then Type of Activity then specific Sch E Worksheet, nothing happens.
Why is it not executing change?
Thanks in advance!
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
It worked for me from Sch C to E.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Thanks so much for your response. Just set-up a "test" asset and was able to transfer it back and forth between Sch C and Sch E, but it will not let me transfer any assets from Sch A Misc.
Just switched from ATX to Pro Series this year and when they converted the tax files, any individual that owned rental property got converted as a Sch A item rather than correctly going to Sch E.
Am having to transfer all of the Sch Misc assets back to Sch E, but software will not allow it for some reason. Will discuss with tech support tomorrow when they reopen.
Best to you.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I inadvertently linked an asset to Form 2106 upon initial input, and proseries won't let me change it to Schedule F. No idea why.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
It seems to be a bug in the software. There was another post with same problem. I recreated same situation and tried to no avail. You can change from C to C, C to F, F to C, E to F, etc but not from 2106 to anywhere else. You will need to manually re-enter.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Found the other post if you want to read
Solved: I AM USING CHANGE ACTIVITY OPTION TO CHANGE ASSET ... - Intuit Accountants Community
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I did that already. Seems that more and more glitches are in the software. Sometimes, it makes outright errors, like putting a correct calculation on the wrong line. Or not flowing through numbers from one form to another. In example, Schedule M on Kentucky doesn't automatically include the $300 charitable contribution figure from the 1040.