A Brief Overview of Depreciation. Depreciation is an income tax deduction that allows a taxpayer to recover the cost or other basis of certain property. It is an annual allowance for the wear and tear, deterioration, or obsolescence of the property.
How far back can you submit returns or amended returns and still get a refund? You can go back three years from the original deadline of the tax return to get a full refund. After three years, you will not be able to obtain a refund. It is important if changes are needed on an already filed return that these changes are made within the three year time frame.
Report Abuse. You can get the old W-2 information from the IRS if you can't get it from the companies. You can file a return from 3 years ago. For tax years 2004 and later, you can still get your refund if you have one coming.Judy Â· 8 years ago.an I claim taxes from 3 years ago if I do not have w-2's? If a few of the compnaies went out of business and she cant get her w-2 how can she file and if it is not possible to claim for previous years will it be a problem to this year alone.