TaxGuyBill
Level 15
07-15-2020
10:17 AM
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You need to file Form 3115 with the current year tax return to 'catch up' on the missed depreciation.
If you have never done that before, you may consider a fairly low cost walk-through by another tax preparer. If you Google "Brass Tax Form 3115" you will probably find it.
In the meanwhile, file an extension. 😀