DaveF1006
Expert Alumni

Deductions & credits

No, the only way you can claim depreciation in past years is to amend your return(s) from previous years.. in this case, you can only amend within three years from the date you filed your original return or within two years from the date you paid the tax, whichever is later

 

You cannot declare this as a loss in future tax returns. just remember to deduct this year going forward.

 

@brockenbrough 

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