TaxMamas TaxQuips: Tax Quips
Depreciation Catch Up
September 16, 2009
Today TaxMama hears from Betty in Arizona, with this question. “ I realized that I didn’t deduct depreciation at all in my past 8 years tax returns. So I will use Form 3115 to capture all the depreciation. But this will create a big loss on Schedule E
Los Angeles, CA
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