sjrcpa
Level 15

"I want to revoke the 2018 election to not claim bonus depreciation on Form 3115 and write off the remaining balance of the asset in 2020."

I don't think you can do that.

I think you can amend 2018, for this particular circumstance, and claim bonus depreciation.

@TaxGuyBill  may know for sure.


The more I know the more I don’t know.