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Level 2
December 7, 2019
Solved

How do i input section 179 carryover of disallowed deduction on form 4562 for partnership return

  • December 7, 2019
  • 1 reply
  • 17 views

I'm onboarding a new client that is a partnership that owns oil & gas investments. There is a carryover of Section 179 disallowed deduction on form 4562 from prior year. Where do I input this information in ProConnect Online?

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Best answer by IntuitRebecca

You can enter that on the Oil & Gas screen, either on "Set Information" or "Property Information". You'll have to click the Details button since it's not available in the quick entry grid.

1 reply

IntuitRebecca
Level 6
December 7, 2019

You can enter that on the Oil & Gas screen, either on "Set Information" or "Property Information". You'll have to click the Details button since it's not available in the quick entry grid.