TaxGuyBill
Level 15
12-07-2019
05:19 AM
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@taylor0509 I'm not sure if we have reached a definite conclusion to that.
The 'safe' way to do it would be use Form 3115 to 'catch up' on the missed depreciation, and then for the sale you would report the depreciation that was actually taken (via Form 3115).
The 'safe' way to do it would be use Form 3115 to 'catch up' on the missed depreciation, and then for the sale you would report the depreciation that was actually taken (via Form 3115).