Amend 2022 Depreciation Amount

[slcdawg]

The errors are on returns for 2019-22.  Since I can't take a rental loss, my former preparer suggested we adjust the passive loss suspended carryover rather than file an amended return.  My understanding is its just restating the depreciated amount (which I'm not claiming anyways).

That said, this tax preparer may not be the most knowledgeable.  Is it better to file amended returns for 2019-22?  Is that a red flag to have several amended returns?  Thanks for the input.

[KrisD15]

Technically, it was an error on the 2019- 2022 returns, and therefore should be amended. 

No, not a red flag since they will see the change was the depreciation.

When you sell, there may be "Depreciation Recapture" on the property which will be Ordinary Income, so it is best to get the depreciation straightened out now before there is any confusion about recapture in the future. 

Amending won't affect your tax liability for 2019-2022, so why not? 

[slcdawg]

Thank you.  Part of the issue is my tax preparer is adamant they did not make a mistake.  I don't want to pay someone else to do them and not sure how to get this preparer to do the amended returns.