Cannot change transaction - Schedule E unspecified

Unknown

The tax line item for rental property category "Utilities" subcategory "phone" is "Schedule E: Utilities" 
But when categorize the split transaction as "Utilities (Rental): Phone", the tax line item for the transaction is: "Schedule E: Unspecified Rental Expense" - should be "Schedule E: Utilities".
Also, when I try to change the tax line item from Unspecified to Utilities, the change does not take effect - i.e. the tax line item for the transaction cannot be changed.

The version is: 2018 Home and Business and Rental Property R11.20 (most recent version as of 9/13/18)

NotACPA

Unknown

Thank you for responding. The tax line item is set correctly for that category (Schedule E: Utilities)

NotACPA

Thank you for responding. The tax line item is set correctly for that category (Schedule E: Utilities)

If I'm reading this correctly, you're using 2 different categories (without success) for the phone expenses related to your rental unit.

"Utilities:Phone" isn't the same category as "Utilities (Rental): Phone".  In the 2nd example, your category is "Utilities (Rental)" ... not Utilities

Unknown

Thank you for responding. The tax line item is set correctly for that category (Schedule E: Utilities)

In the first sentence of the original post I should have written "Utilities (Rental)", not "Utilities" so it is the same (I just checked).

UKR

Unknown

Thank you. I will get this to you on Monday. 

Unknown

Unknown

The release is 2018 R11.20 (as noted in the original post). I have already called support and they took me through the validate/super validate process (and got me setup on this community board) but have not applied the "Mondo Patch". I will try that and see if that makes a difference. More later.

mshiggins

From C. D. Bales:



"But when [I] categorize the split transaction as 'Utilities (Rental): Phone', the tax line item for the transaction is: 'Schedule E: Unspecified Rental Expense'"



Try assigning a Rental Property tag to the split line.

Unknown

Yup, that worked. Thank you very much!

Unknown

I had it tagged as cell phone (I see now that  the cell phone designation should be in the memo field). Kind of surprised the support guy didn't catch that one and I should have tried the options in the drop down menu in the tag field. Had the blinders on!