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You need to 'catch up' on the depreciation by means of Form 3115.
However, this is a confusing form and TurboTax does not support it. I highly recommend going to a tax professional (preferably one who has experience with Form 3115) to have them do your tax return this year.
You need to 'catch up' on the depreciation by means of Form 3115.
However, this is a confusing form and TurboTax does not support it. I highly recommend going to a tax professional (preferably one who has experience with Form 3115) to have them do your tax return this year.
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