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Investors & landlords
For 2022, no, there is nothing you need to do other than use the correct amount of depreciation.
But, to answer your original question, yes, technically, you should amend your return for 2019 to 2022, if the depreciation truly is $1,450 total less than you took, then you overpaid taxes each year. When you sell your rental property, you will need to recapture all the depreciation you took or were allowed to take on the property. When you recapture depreciation, it is added back to your income in the year you sell and taxed at your ordinary tax rate. So, basically, you will be paying taxes a second time on that $1,450.
Since you are having an accountant handle the sale, I would suggest just filing your 2022 taxes with the correct depreciation amounts and then explaining everything to the accountant, let him recalculate to see if there actually was an error. If so, he can help you determine whether or not it is worth amending your prior year returns.
For a residential rental property, depreciation is 27.5 years.
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