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gaylonsmith123
February 6, 2025
Question

Can I delete where it says Business Property sold on my tax form? I sold a house a few years ago and used a small section business but I no longer have?

  • February 6, 2025
  • 1 reply
  • 0 views
The cost is 322. My review is asking me to fill out line 24 from a 179 carryover. Not sure what to do.

    1 reply

    AmyC
    AmyC
    Employee
    February 7, 2025

    You can delete the information since it isn't relevant now.  You should check your prior return from selling the items. When you sold the house and business property, you should have recaptured the excess sec 179 taken. You may need to amend your prior returns.

    See What is a Section 179 recapture? - TurboTax Support - Intuit

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