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Updated over 9 years ago on . Most recent reply
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put the wrong service date in 4562 form
I put in the wrong service date off by 1 year for placed in service for one of my properties. The depreciated value was off by 37 dollars. This was on the federal form and I can fix this on the state form , but woudl this cause more issues? Should I send in the california form incorrectly and then amend them both later?
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I would just match the federal return, and not worry about amending for a $37 error. It is obviously a typo and honestly in the rare event of an audit the Irs agent would not even take the time to write it up and make the adjustments for $37 error. Good Luck!