Mary SASLLC
Level 4
‎03-09-2023 06:52 PM

Form 1065, Page 4, Line 12, Section 179 deduction, has an amount present without the corresponding Form 4562 included in the e-file. This will cause an e-filed return to be rejected. If you have an amount in the "Section 179 deduction [Adjust]" () field, without the Form 4562 being generated, you will need to either remove this entry, enter the needed input that would generate the form or file this return as a conventional paper return.

The error above keeps coming up and i tried this fix: but it still wont work

To force Form 4562 to generate when not required:
  1. Go to the Input Return tab.
  2. Open the Depreciation input.
  3. Select the blue Misc.
  4. Enter 1 in Form 4562 options: 1=yes, 2=no [Override

The form only generates when i go through the depreciation section, however i do not want to claim depreciation on the same property since it is less that the section 179 cap 

0 Cheers
Reply