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Level 5
October 1, 2020
Question

How do I reset changes made by Like Kind Exchange Wizard

  • October 1, 2020
  • 1 reply
  • 10 views

I need to redo the like kind exchange information originally entered and am too far along in the tax return to start over. Can I reset the changes made by the Like Kind Exchange Wizard during the original input?

TIA

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1 reply

George4Tacks
Level 15
October 1, 2020

1 - Best method - restore the backup you made just before using the wizard.

2 - Delete the new assets and all the data created in the asset where you initiated the wizard. Then CAREFULLY review what is left and make a backup before starting again. 

 

Answers are easy. Questions are hard!
Level 2
September 1, 2022

The asset does not show in the screen 22 depreciation, but it shows on the depreciation schedule and 4562.  How can I delete the asset?

George4Tacks
Level 15
September 1, 2022

If it is on the depreciation schedule, it must be in the depreciation input. Look again. If you still can't find it, contact support. https://proconnect.intuit.com/support/en-us/help-article/taxation/contact-lacerte-help/L4c6BR3CZ_US_en_US?uid=l7j4wdrl

 

Answers are easy. Questions are hard!