Back in 2019 I purchased two items for my rental property and claimed Section 179 status for them using TT.
As I had a net loss that year, their full amounts were carried over in full. The same thing happened with another item in 2021. I finally noted these items were missing any depreciation when I started doing the 2022 taxes. When I attempted to enter the carryover Section 179 amounts, TT produced an error, saying that Section 179 expenditures were retroactively disallowed for rental properties for lodging. Thinking that meant I would lose any depreciation on the items, I attempted to go back to amend the 2019, 2020, and 2021 tax returns, opting for normal 5 year, 200DB on each item. When I tried this on the 2019 return, TT took me into Form 3115, which is apparently meant to legally justify changing my accounting system entirely. Form 3115 is 3 pages of very confusing, and I don't want to get involved if not necessary. Also, why should it be required in this instance, where Section 179 was retroactively removed as an option. When did that happen? Why didn't TT warn me at the time I did it?
