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jbrown16326
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  • Well, the depreciation is "allowed or allowable" so I understood that meant that the basis lowers whether you had the know how to claim depreciation or not.
    jbrown16326
    Dec 02, 2024
  • Thanks for that catch. I thought I had thoroughly read the instructions. I have never actually filed a 3115. Thanks for everyone for weighing in on this issue f...
    jbrown16326
    Dec 02, 2024
  • Thanks for your input.Would it be ethical to just not take it in 2019 and file the 2020 with the 3115?Client hasn't filed a return since 2016. We are just filin...
    jbrown16326
    1
    Dec 02, 2024
  • I am doing past tax returns for a client 2019-2020.Client had rental property since 2012 but doing her own taxes did not take any depreciation.i would like to t...
    jbrown16326
    9
    Dec 02, 2024
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Member Since ‎11-27-2024
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