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Investors & landlords
@mgranp@ameliesuncle After reading ameliesuncle response to this post, I agree that bonus depreciation should not have been claimed in 2019. As a result of this error, there may be penalties and interest assessed and your CPA should be liable for these. You will need to go to your CPA and have them amend the 2019 return to remove the bonus depreciation.
[Edited 05-06-2021|04:37 PM PST]
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May 6, 2021
1:16 PM