When I enter 08/06/2021 on the year 2021 trust Schedule E asset entry worksheet as the date of disposition an error message pops up "the date of disposition has an unacceptable error". I have tried different dates but always receive the same error.
It also does not compute the gain.
It is also asking for the recovery period even though I entered "I" Residential; rental real estate as the "Type of asset".
It is a Sunday here, so no one is home at proseries.
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Is it calendar year trust or fiscal year trust. If fiscal, when is the ending date.
You are in the 2021 program correct?
Yes I am in the Proseries 2021 program.
Is it calendar year trust or fiscal year trust. If fiscal, when is the ending date.
That is the answer! Thank you, thank you thank you! I indicated a fiscal year by accident. Everything works now. I really appreciate that you took the time to answer.
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