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Level 1
February 4, 2023
Solved

Where do you put in recapture depreciation income for 2022

  • February 4, 2023
  • 1 reply
  • 12 views
I sold a home and have recapture from years I took depreciation as a rental. Where do I show recapture income on my 2022 Tax return?
Best answer by SantinoD

As you are going through the questions for the section of Sale of Home, there will be a question that asks:

Once you answer "yes", continue to answer the questions and TurboTax will guide you on reporting that depreciation recapture. You will need information from your Tax Return from the years that the property was rented out and taking the depreciation expense.

 

 

1 reply

SantinoD
SantinoDAnswer
Level 6
February 4, 2023

As you are going through the questions for the section of Sale of Home, there will be a question that asks:

Once you answer "yes", continue to answer the questions and TurboTax will guide you on reporting that depreciation recapture. You will need information from your Tax Return from the years that the property was rented out and taking the depreciation expense.