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Vehicle information work sheet, date place in service, i

Customer Question
vehicle information work sheet for...
vehicle information work sheet for 2014, date place in service, i have the wrong date, how can i correct that mistake, filing this year 2015
Submitted: 1 year ago.Category: Tax
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Answered in 1 hour by:
3/28/2016
Tax Professional: Stephen G., Sr Income Tax Expert replied 1 year ago
Stephen G.
Stephen G., Sr Income Tax Expert
Category: Tax
Satisfied Customers: 7,211
Experience: Extensive Experience with Tax, Financial & Estate Issues
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Specifically, what is the error in the date?

Sis it affect the depreciation computation?

If so, by how much?

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Customer reply replied 1 year ago
i have 1988 instead of 1998,it was always filed 1998, but i made a mistake, would it be a problem, if put 1998 the correct date for 2015
Tax Professional: Stephen G., Sr Income Tax Expert replied 1 year ago

It should have been fully depreciated long ago unless it was purchased used. If the depreciation is correct as is, then there's no problem, you can just make the correction. If the depreciation is in error by more than a few hundred dollars, you would have to file an amended return.

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Tax Professional: Stephen G., Sr Income Tax Expert replied 1 year ago

Just checking in...............

Do you have any further follow-up questions?

If not, please remember to rate my response as that is the only way we receive credit for our work.

Thanks very much,

Steve G.

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