1. Your rental
Already have an estimate? Enter the additional depreciation for this tax year (optional)
Use the increase over depreciation or expensing available without a study, reviewed with your preparer. Include any catch-up and current-year change. Entering an amount replaces the property estimate below; zero is valid.
For an earlier rental, this is a catch-up illustration: it assumes the same basis and IRS table schedule in every prior year, no separate assets, dispositions, or other basis or method adjustments, and prior elections consistent with the modeled applicable bonus rate. Selecting 100% does not undo a valid prior election out of bonus depreciation. It assumes continued ownership and the same rental use throughout the modeled year and an eligible change that can be taken in that year. It does not establish Form 3115 eligibility or reconstruct your actual prior returns.
2. Model use of the additional deduction
Choose an illustration or use your preparer's amount
The full-use illustration assumes all additional depreciation is usable after every relevant limit. Selecting it does not establish real estate professional status, material participation, or a salary offset. For your own tax-use figure, choose the preparer-supplied option. The property estimate still assumes a 27.5-year residential building, which may not fit a short-term rental.
This simplified passive illustration assumes no prior suspended losses, other passive losses, use of the allowance by other activities, personal-use restrictions, or other limiting rules. Use your preparer's amount if those apply.
How do you file?
Choose
Single, head of household, or married filing jointly
Married filing separately, lived apart all year
Married filing separately, lived together part of the year