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15364

15364

The following diagnostic is generating:

Depreciation asset #{PrefixNum}: You have elected to take section 179 expense on an asset with a 39 year class life. The program considers these to be assets qualifying for real property section 179 expense. If this is incorrect, enter 2 in the Depreciation screen, ""Section 179 expense: 1 = not qualified property, 2 = not qualified real property [O]"". Note: some states do not allow section 179 expense to be taken on qualifying real property.

Solution:

In Depreciation screen code 469 or click on the diagnostic, it will take you to the field to enter the 1 or the 2.

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