topic How does AMT depreciation allowable differ from depreciation taken in Investors & landlords

How does AMT depreciation allowable differ from depreciation taken

krsummers — Mon, 23 Feb 2026 13:22:32 GMT

We sold our main home in 2022. We had lived in it from 2018-2022. It was rented out from 2015-2018. When filling out the Home Sale Worksheet, I don't know what to put in the "AMT depreciation allowable on the property". How does that differ from the amount on line 30 "Depreciation allowed"? Are those the same or is the AMT depreciation 0 if I am not subject to AMT?

Re: How does AMT depreciation allowable differ from depreciation taken

AmeliesUncle — Mon, 06 Feb 2023 00:18:28 GMT

For your real estate, AMT depreciation is the same amount as 'regular' depreciation. So enter the same amount as the 'regular' depreciation.

For any future readers, non-real estate and real estate that is placed in service before 1999 may have different rules.

Re: How does AMT depreciation allowable differ from depreciation taken

mentges2 — Mon, 06 Feb 2023 20:55:24 GMT

So on the Home Sale Worksheet, line 45 AMT depreciation allowed after 5/6/1997 should equal line 30 Depreciation allowed after 5/6/1997? Took 3 years depreciation on last returns. So actual depreciation is used for AMT as well?

Thanks.

Re: How does AMT depreciation allowable differ from depreciation taken

AmeliesUncle — Mon, 06 Feb 2023 21:37:42 GMT

Yes.