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Updated over 9 years ago on . Most recent reply

User Stats

28
Posts
3
Votes
Reid Isaki
  • Culver City, CA
3
Votes |
28
Posts

put the wrong service date in 4562 form

Reid Isaki
  • Culver City, CA
Posted

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? 

Most Popular Reply

User Stats

378
Posts
183
Votes
Cameron Skinner
  • Investor
  • Panama City, FL
183
Votes |
378
Posts
Cameron Skinner
  • Investor
  • Panama City, FL
Replied

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!

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