When I did 2021's taxes I entered my ADU Cost and Land amount incorrect. I noticed this when I was doing my 2022 taxes and the depreciation percentage was not 3.636% over 27.5 years. In 2021 for Cost i entered $362,000 and Land $159,000. When I was entering my assets for depreciation in 2022 I realized Turbotax subtracted the cost from the land and depreciated the percentage from that total. So I deleted the Land amount and kept the $362,000 in the Cost and now its correctly depreciation the percentage. Do I have to amend last years taxes now? Not sure it if makes a difference but we built our ADU on our main property where we live as well. The ADU is a single dwelling.
