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Investors & landlords
I only have forms 4562 in the years that I purchased the investment property.
I have two sets of forms 8582 every year for the past several years: one regular form and another amt version.
It doesn't look like the 4562 form took into account the capital improvements. It just lists a special depreciation in line 14 of $1331 and other depreciation in line 16 of $6627.
How much trouble am I in?
‎April 16, 2022
5:33 PM