Dana P. asked
I noticed that my prior tax preparer left out some asset entries on my 2012/2013/2014 tax returns. These assets were fully depreciated in 2011. Do I need to enter these back in for 2015 taxes, or were they fully depreciated in 2011? Additionally, my prior Tax Preparer did not depreciate my home office from 2005 to 2011, and I made errors in depreciation entries for 2012 and 2013. How should I correct these issues, and can I catch up on the missing depreciation for the years 2005 to 2011?
December 4th, 2024
Hannah R. answered
The assets that were fully depreciated in 2011 do not need to be entered again in your 2015 taxes, a...
December 4th, 2024
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