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Code each of the assets to Form 4562 Only, not to the deleted schedule. It has nothing to do with the bulk sale, just with the deleted schedule.
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Does PTO have the same "1" = delete this year, and "2" delete for next year? (Lacerte, PTO's big sister does 😉
If so, did you mark the Sch C/E/F related to the assets as "delete for this year."?
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The sale of property & dep assets is for a rental property used in business
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What is the error? Does it have to do with depreciation methods used? Is it a critical efile error? You may be able to just ignore the error and efile. If you can't give a full description of the error we (other users) can not help you.
Contact Support EITHER https://proconnect.intuit.com/community/proconnect-tax-news-updates/discussion/proconnect-tax-assist... OR https://proconnect.intuit.com/support/en-us/help-article/intuit-account-settings/contact-proconnect-...
Answers are easy. Questions are hard!
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Sale of rental property w/1031 - property and assets on form Schedule E - depreciation assets gives a critical diagnosis Depreciation asset # Sent to form or schedule deleted this year US Ref #2025020
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Delete Next Year still gives the error - it only wants to be deleted this year. I tried to take off the disposition information entered for the sale and it still gives the same error. it almost feels that I need to delete the asset and rebook again.
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DELETE FOR THIS YEAR error is on the asset being sold from SCHEDULE E and on the associated assets (impovements, equipment) linked with the property being sold
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Change DELETE FOR THIS YEAR to DELETE FOR NEXT YEAR.
Ya can't sell stuff that aint' there any more!
Answers are easy. Questions are hard!
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Contact Support EITHER https://proconnect.intuit.com/community/proconnect-tax-news-updates/discussion/proconnect-tax-assist... OR https://proconnect.intuit.com/support/en-us/help-article/intuit-account-settings/contact-proconnect-...
They can talk you throuh this
Answers are easy. Questions are hard!
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@George4Tacks Hope s/he can 'hear' you 😉