"Phil Marti" <prm20871[at]verizon.net> wrote
- quote -


Think software. The data input screen doesn't always reflect the form. Or
the code and regs.




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--
Paul A. Thomas, CPA
Athens, Georgia

--
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"Duke of Hazard" wrote:

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I don't see where the form is asking for date purchased. What matters is
the date it was placed in depreciable service, which is 2005.

--
Phil Marti
Clarksburg, MD

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

I bought a new condo in 2003, lived in it two years then rented it out
in 2005. For Depreciation - Form 4562 it asks for "Date acquired?", is
it 2003 or 2005 ?

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >