How do you remove asset from Proseries

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  • TAX
    Senior Member
    • Dec 2005
    • 330

    #1

    How do you remove asset from Proseries

    A tax return was prepared in 2008 with an asset and accu dep. So this asset is included in 2008 balance sheet. Sec 179 was taken on tax return in 2008. But it turned out that an error was made. This asset should not be part of balance sheet of 2008. QuickBooks is correct for 2008, 2009, and 2010

    How do you remove this asset and accu dep from proseries while preparing 2010 return?
  • Dusty2004
    Senior Member
    • Dec 2009
    • 374

    #2
    Control W

    Originally posted by TAX
    A tax return was prepared in 2008 with an asset and accu dep. So this asset is included in 2008 balance sheet. Sec 179 was taken on tax return in 2008. But it turned out that an error was made. This asset should not be part of balance sheet of 2008. QuickBooks is correct for 2008, 2009, and 2010

    How do you remove this asset and accu dep from proseries while preparing 2010 return?
    Once you are on the form press control W - that should delete that form.

    Dusty

    Comment

    • TAX
      Senior Member
      • Dec 2005
      • 330

      #3
      Originally posted by Dusty2004
      Once you are on the form press control W - that should delete that form.

      Dusty
      I do not want to delet form. 2010 return has opening bal that includes this wrong asset. All I want to do is remove this asset from dep schedule report in 2010.

      Comment

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