@DianeW777
Are these the correct sequences?
Amend 2023: Change business usage to 100%. Print Form 1040X.
Amend 2024: Change business usage to 100%. Print Form 1040X.
In TurboTax 2024: Open Form 3115, manually enter the information to include the adjustments made for 2023 and 2024, then print Form 3115.
Create a statement explaining the reason for the change.
Questions:
- Can I avoid filing Form 3115? If I can't, will the connected TurboTax tax expert be assisting with filling out/review the Form 3115 for me?
- Is a self-typed statement sufficient as an attachment to send along with Form 3115? I may have difficulty obtaining official documents since the property is overseas and individually managed. Additionally, the rental contract is in a foreign language.
- Should I mail all forms together—2023 Form 1040X, 2024 Form 1040X, Form 3115, and the statement explaining the reason for the change?
TIA.
