bonus depreciation- what year can you do it? is there a reason you can't do it in a future year
Properly bought 2019 pre COVID 

Placed for rent in 2020

Sold in 2022

IRS says you CAN bonus depreciate/ accelerated depreciation on your property the year it was  placed in service so would be 2020 for me since that's when it was rented. 

Question is if this is a hard rule or it can be done in 2021 instead?  Everything I read says it CAN be year of placing in service but nothing says if it can't be done on a future year

Thanks for help 

!
[{"id": "ismfui0", "text": "Accounting method change using form 3115 or file an amended return for 2020 before filing 2021. Have to file for 2021 on time, or you'd have to make the Accounting method change in 2022. \n\nAre you using a 1031 exchange on the sale? If not, you're going to recapture the depreciation under section 1245 or 1250 in 2022, so may not be worth the effort.", "replies": [{"id": "ismjdvg", "text": "Thank u this is so useful.\n\nI have to file 2021 tomorrow.\n\nI have cost segregation study with deduction but accountant says I can't use it for 2021.  He says file 2021 taxes and then amend 2020\n\nAny thoughts?", "replies": [{"id": "ismk7h6", "text": "You need a better accountant. Once you file for 2021, you have to make an accounting method change and cannot file an amended return for 2020 to claim the missed depreciation. Also, you can file the accounting method change on your 2021 return, but it seems like your accountant doesn't want to deal with it. \n\nWho did the cost seg? They should have provided you with the 3115 with the 481(a) adjustment (this is the missed depreciation) to file with your 2021 return unless you told them you were going to amend 2020.", "replies": [{"id": "isml0mu", "text": "Are you saying if I file 2021 taxes and don't do bonus depreciation in 2021 taxes I cannot go amend and do it in 2020 taxes (even though business was placed in service in 2020)\n\nWith time crunch what would u suggest I make accountant do so I don't miss out on this benefit?", "replies": [{"id": "ismln2z", "text": "That's what I'm saying. Filing for 2021 establishes an accounting method, and once you do that you have to file for an accounting method change to catch up the depreciation, and you can no longer file an amended return to fix it. As the filing deadline for individuals is tomorrow, I don't think you're going to make it if your accountant isn't on board with doing the additional work. \n\nThey'll have to file the 3115 with the 2021 return or else your only option would be to do it in 2022.", "replies": [{"id": "ismm9xp", "text": "If they file form 3115 with 2021 taxes then I should be allowed to use bonus depreciation in 2021 rather than file and amended for 2020 taxes .  That's my understanding of what you are saying", "replies": [{"id": "ismmbz7", "text": "Correct", "replies": [], "depth": 7}, {"id": "ismmduq", "text": "Got it thanks very very helpful", "replies": [], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "isn759u", "text": "It *can* be done in the year it is placed in service because the alternative is not to bonus depreciate but to take the regular depreciation schedule.", "replies": [], "depth": 1}]