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Get your taxes done using TurboTax
@txs_my_lord wrote:Have you been taking depreciation deductions on an annual basis?
Didn't claim depreciation at all and will file Form 3115 next year
The need to have a 3115 prepared coupled with the fact that the sale is part of a divorce settlement calls for guidance from a local tax professional.
Preparing and filing Form 3115 is not a DIY endeavor.
‎October 18, 2022
8:57 AM
591 Views