Julie Posted March 8, 2011 Report Posted March 8, 2011 I must be doing this wrong. Rental house put into service in '08, remodeled later in '09, sold in '10. In Asset Tracker, I created (I hope) a group that should include the house and the remodel, with the idea that they would combine on the 4797. Instead there are two identical entries, each showing the full gain. How should I have done this? Quote
Julie Posted March 9, 2011 Author Report Posted March 9, 2011 Okay, it's showing the right information now....I don't know that I changed anything. Quote
Terry D EA Posted March 9, 2011 Report Posted March 9, 2011 I have had a couple of wierd scenarious this evening too. I was reviewing a return in front of the client and the refund amount changed part way thru the review. Why???? I don't know. All I know is the tax was calculated different so I verified everything manually and it is correct. However, this makes one look bad in front of a client. I know if I call TRX there will be no answer because it is now showing up now. I wonder if the last update has anything to do with these issues. Quote
Kea Posted March 9, 2011 Report Posted March 9, 2011 I've noticed there is sometimes a lag while it re-calculates after a change. Sometimes it waits until you get out of that field, and sometimes it seems to wait longer (maybe when getting out of the form?) Quote
Julie Posted March 9, 2011 Author Report Posted March 9, 2011 I've learned never to look at the refund till after the return is processed. I think it never reflects the last change you made. Quote
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