Skip to main content
Level 4
February 15, 2020
Solved

Form 6252 Line 19 (Gross Profit Percentage) is not enterable

  • February 15, 2020
  • 7 replies
  • 38 views

On form 6252 Line 19, ProSeries Help says:

"From prior year if this sale is from a prior year and you utilized the transfer function from prior years; or calculated as a result of the current year sale; otherwise enterable."

I have neither transferred from prior year, nor is it current year of sale, and Line 19 is still not enterable. If I delete Part I entries, it becomes enterable but per new instructions, Part I needs to be filled out for all years. Any solution for this?

This topic has been closed for replies.
Best answer by alphy

But you use the same totals you used in the year of sale which means the percentage should work out the same.


You are correct. I'm missing an entry on line 12, which is why my math didn't hold out. However, according to the wording on Line 19 it seems like there might be an occasion where the percentage may be something other than line 16 divided by line 19, although I don't know what that situation might be. Also Tax Help indicates that it should be enterable if not transferred or the year of sale. But for now, my problem is fixed. Thanks!

7 replies

IRonMaN
Level 15
February 15, 2020

I filled in part I and line 19 is functional for me.

Slava Ukraini!
alphyAuthor
Level 4
February 15, 2020

Can you manually enter a percentage there without overriding?

IRonMaN
Level 15
February 15, 2020

No, it flows from above and an override is the only way to change it.

Slava Ukraini!