troy
Level 3

I have imported/rolled forward 2019 1120S to 2020 1120S.

I am noticing that I am being prompted to change asset types from J4 to J5. This is also causing me  to change the Asset Class to "No Entry."

It also looks like there were software updates in 2019 to change asset types from J4 to J5. These updates may have been after corporate returns were filed / the corporate deadline.

Can someone confirm the appropriate way to handle?

0 Cheers