ThomasM125
Expert Alumni

Investors & landlords

For the prior depreciation, you should enter what that should have been, which will be the amount of your Form 3115 adjustment. The catch up depreciation would just use the portion of the house applicable to the room that was rented. The Vermont return will work off of your adjusted gross income on your federal tax return, that will include the depreciation adjustment, so there is nothing special that needs to be done there.

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