ErinL
Level 2
04-12-2024
08:47 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have a sale of a rental property that was not depreciated for 9 years. I am filing a 3115 and have entered the depreciation on Sch E Other expenses, 481 adjustment from 3115. My question is how to I modify Form 4797 line 22 for the allowable depreciation? Do I just enter it on the asset worksheet as prior depreciation?
Best Answer Click here
Labels