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Cardium
New Member

Confused about Casualty Loss and Depreciable Asset

How do I remove my building depreciation schedule for a destroyed building?

 

 

PatriciaV
Expert Alumni

Confused about Casualty Loss and Depreciable Asset

Please clarify how the building was reported - Schedule C or Schedule E? Also, was the building destroyed in the current tax year or are you trying to remove a building that was reported destroyed in a prior tax year?

 

Also note that creating a new question in the Community will often result in a faster and more focused answer than posting to a thread that's been closed for four years.

 

@Cardium 

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