I acquired a rental property in 2021 and correctly used a depreciation expense based on the MACRS table; however in for the 2022 tax return, the depreciation brought the income to be a loss ... I wasn't aware that the return could be -ve and therefore limited the depreciation expense to the income to bring the net amount to 0 which means I actually ended up with not using $2000+ of depreciation expense the correct calculated amount was used in 2023 return filing but of course, there was no carry forward passive activity loss. How do I fix this? Do I just file a 1040-X for 2022 do I need to do it for 2023 also? or should I be filing a Form 3115? or doing something totally different?
