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Level 2
March 12, 2023
Question

Asset Life Printing Incorrectly on Form 2022 IA4562A

  • March 12, 2023
  • 1 reply
  • 8 views

When I enter the asset life as 15.0 years for an asset in the 2022 IA4562A form it prints out as 5.00 years. Any idea how to get it to print out correctly? Any idea how to reach anyone at Intuit about this problem?

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1 reply

taxiowa
Level 8
March 12, 2023

What code are you using on federal asset schedule (H)?  Because mine works just fine. Iowa treats as 15 year property with no adj needed 4562A.  Is it a 15 year life asset?

Level 2
March 15, 2023

I am making entries directly into 4562A.

These are older assets from when Federal & Iowa were not coupled.