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Investors & landlords
I experienced the same issue with CA filing. I entered the prior depreciation wrong once, and there is no way to correct it. I tried to go back to Fed return, removed the rental property completely, and re-entered the data, but the system still remembered my wrong input. Now, the current deprecation is way too high.
It took me a while to find this post. I suspected it might be a bug in the software. Turbo Tax, will this issue be resolved soon? Today is 3/23.
March 23, 2025
7:59 PM