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Can I file form 3115 for 2023 instead of 2024?
Hello,
It turns out that I didn't take depreciation (or didn't take the correct amount) for a rental property purchased and placed into service sometime in 2018.
I understand I need to file form 3115. My income this year is much higher than last year.
Should I or can I
a) File form 3115 and amend last year's (2023) returns to bring my AGI to lower than 150K
b) File form 3115 and attach it to this year's tax (2024) return
March 9, 2025
7:50 PM