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I have a C corporation. I just realized that I forgot to

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depreciate 1 asset in 2013...
I have a C corporation. I just realized that I forgot to depreciate 1 asset in 2013 and 1 in 2014. What do I need to do to correct this?
Submitted: 1 year ago.Category: Tax
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Answered in 3 minutes by:
5/27/2016
Tax Professional: Robin D., Senior Tax Advisor 4 replied 1 year ago
Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 16,262
Experience: 15years with H & R Block. Divisional leader, Instructor
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Hello

When you omit information forma return (business or personal) you file an amended return to include or correct the information.

You would use form 1065X to correct a previous year. Each year coming forward would also need to be corrected to show the change that carries forward.

Do the 2013 1065X first.

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Tax Professional: Robin D., Senior Tax Advisor 4 replied 1 year ago

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