alphy
Level 3

That's the whole problem. I need to be able to manually enter it without overriding, if this is not the year of sale, so that line 24 calculates correctly. In prior years, Part I didn't need to be filled out unless it was the year of sale. Now IRS wants you to fill it out for all years, but line 19 needs the same percentage you used in the year of sale. So if this is not the year of sale, line 19 will not have the correct percentage if automatically calculated. Line 19 should be automatically calculated in the year of sale only.

"19  Gross profit percentage (expressed as a decimal amount). Divide line 16 by line 18. (For years after the year of sale, see instructions)"

0 Cheers