I've never depreciated my business assets in the nine years that I had my business. Can I depreciate them on this years taxes?
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I've never depreciated my business assets in the nine years that I had my business. Can I depreciate them on this years taxes?

 
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New Member

I've never depreciated my business assets in the nine years that I had my business. Can I depreciate them on this years taxes?

Yes, file form 3115 change of accounting method on depreciation to recover the missed depreciation.

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