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ritondoa
New Member

: "Work Sheet>Rental Statement for Real Estate. I need a class # that calculates 0% for amortization. When I use Class #1 shows 4% and I can't Override it.??"

: "Work Sheet>Rental Statement for Real Estate. I need a class # that calculates 0% for amortization. When I use Class #1 shows 4% and I can't Override it.??"

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Accepted Solutions

: "Work Sheet>Rental Statement for Real Estate. I need a class # that calculates 0% for amortization. When I use Class #1 shows 4% and I can't Override it.??"

If you want to choose not to take the CCA, you need to override the CCA amount in Column 7, not the Class rate. You should still be able to NETFILE with this override.


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4 Replies

: "Work Sheet>Rental Statement for Real Estate. I need a class # that calculates 0% for amortization. When I use Class #1 shows 4% and I can't Override it.??"

This is no class that is set to 0%. Are you trying to not take CCA for the year? Which version of TurboTax are you using? Is it CD/Download or Online?
ritondoa
New Member

: "Work Sheet>Rental Statement for Real Estate. I need a class # that calculates 0% for amortization. When I use Class #1 shows 4% and I can't Override it.??"

I don't want to take the CCA and I used a download of Turo Tax 2017
ritondoa
New Member

: "Work Sheet>Rental Statement for Real Estate. I need a class # that calculates 0% for amortization. When I use Class #1 shows 4% and I can't Override it.??"

Tks for your suggestion but I  did double click on the cell To override it but it won't work . Is  there another way To override the amount in  the  cell?

: "Work Sheet>Rental Statement for Real Estate. I need a class # that calculates 0% for amortization. When I use Class #1 shows 4% and I can't Override it.??"

If you want to choose not to take the CCA, you need to override the CCA amount in Column 7, not the Class rate. You should still be able to NETFILE with this override.