Federal and CA Amended Return

zulaatax — Wed, 11 Feb 2026 04:59:16 GMT

Can I file the Federal and CA-amended returns online? I bought a new car in 2023 placed in the business the next day, and used for more than 50% of my business. I used 200-DB MQ depreciation in my original return, can I change this depreciation to the Section 179 deduction for my new car? I have a bigger tax liability in my original return, so I'm thinking of increasing the depreciation amount or changing the depreciation method in my amended return. Can I do that?

Re: Federal and CA Amended Return

DianeW777 — Sat, 06 Apr 2024 17:30:52 GMT

No, amended returns must be mailed to both the federal and state. TurboTax will provide the address and the paper return. See the information below for your other question (and in the other post).

Yes, you can make that election on your original return or an amended return. Review of the following information will be helpful in making your decision.

For property placed in service in 2023, file Form 4562 with either of the following.

Your original 2023 tax return, whether or not you file it timely.

An amended return for 2023 filed within the time prescribed by law. An election made on an amended return must specify the item of section 179 property to which the election applies and the part of the cost of each such item to be taken into account. The amended return must also include any resulting adjustments to taxable income.

There are special limits for vehicles/automobiles:

You cannot elect to expense more than $28,900 of the cost of any heavy sport utility vehicle (SUV) and certain other vehicles placed in service in tax years beginning in 2023. This rule applies to any 4-wheeled vehicle primarily designed or used to carry passengers over public streets, roads, or highways that is rated at more than 6,000 pounds gross vehicle weight and not more than 14,000 pounds gross vehicle weight.

Useful Information: Passenger automobiles are considered 'Listed Property'.

You can claim the section 179 deduction and a special depreciation allowance for listed property and depreciate listed property using GDS and a declining balance method if the property meets the business-use requirement. To meet this requirement, listed property must be used predominantly (more than 50% of its total use) for qualified business use.

If you used listed property more than 50% in a qualified business use in the year you placed it in service, you must recapture (include in income) excess depreciation in the first year you use it 50% or less. You also increase the adjusted basis of your property by the same amount.

IRS Publication 946
IRS Publication 463 (contains vehicle limits)

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Federal and CA Amended Return

Re: Federal and CA Amended Return