Announcement

Collapse
No announcement yet.

481(a) adj on 1040

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    481(a) adj on 1040

    A 3115 form, a 481(a) adjsutment, overstated depreciation cause increase to iincome, where is the best place to show or put the adjustment in the tax return itself?

    #2
    Where it originated. If Schedule C, then on Schedule C identified something like Section 481(a) adjustment.

    Comment


      #3
      Originally posted by Lion View Post
      Where it originated. If Schedule C, then on Schedule C identified something like Section 481(a) adjustment.
      Adjustment belongs to residental rental, schedule E.

      Comment


        #4
        Then Schedule E is your answer.

        Comment


          #5
          Thought so. Thank you. Just wanted to make sure.

          Comment

          Working...
          X