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New Member
posted Jun 1, 2019 11:16:48 AM

I stopped depreciating a rental property in 16...I did take depreciation in 13,14 & 15. Should I amend my returns from 16, 17 & 18 to include depreciation? I'm selling it

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New Member
Jun 1, 2019 11:16:49 AM

Yes, you should amend the previous returns.   When you sell, the IRS levies depreciation recapture tax on the depreciation that you should have claimed, whether or not you actually did.