@Anonymous_ wrote:
@Opus 17 wrote:
....There is a form 3115 to claim an adjustment for depreciation problems, but I don't think you can use it if you just forgot to report your assets....
That is actually one reason to use Form 3115 and one reason why it exists.
Failure to take depreciation deductions on depreciable assets is an impermissible method of accounting (hence, Form 3115 to correct that error).
Thanks.
