Thank you for your response. We were reading the IRS booklet and saw that if you have done a depreciation incorrectly for two years you can continue doing what you set up. Is this your understanding? Also, when I did the 2018 taxes I put in that I had taken a 179 deduction but in studying the depreciation schedule for 2017 from the professional CPA I do not see that they did a 179 deduction. I guess I was confused because the schedule C asks for depreciation and 179 deductions on the same line. Due to COVID I only made 405 dollars for the year and am not sure I will continue teaching piano after this. Can I just take the piano out of service at the end of March, use the quarter of depreciation or no depreciation at all and not have to worry about amending the 2018 and 2019? It was set up for a 5 year depreciation, then Turbo set it up as a 10 and this year is my fourth year. I hope this makes sense because I am so confused right now. I thought TurboTax offered more one on one support and am a little disappointed with what has happened to our tax situation. Thanks for any help you can offer.
