Hi,
I am looking to amend my tax returns for previous 5 years. I have not claimed depreciation in the past on my rental property. However, Schedule E still resulted in a loss in each tax year. Since my refund amount is not going to change in any previous year, but claiming depreciation will only change the loss carry amount, as such, I am thinking of filing an amended return (Form 1040X) as opposed to Form 3115. Where on Form 1040X should I claim depreciation? I don't see a place for it. Or, do I need to fill Form 4562 in conjunction with Form 1040X?
Thanks for your help in advance!
