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rjcmbstxs
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Rental Depreciation

I found out i should be taking depreciation out on my rental property.  I took a one month depreciation amount last year.  I just learned i can take a onetime catch-up depreciation amount and enter it in TT.  Can I still take this catch-up amount this year?

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Rental Depreciation

you have not provided enough information. you don't indicate for what asset you are trying to catch-up or why. How many years back?  This may require the preparation of form 3115 which must be included in your return. if a catch-up dating back, the use of a pro is advised

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