I sold office furniture for $500. This item was purchased in 2012 for $990 and I took a Section 179 deduction for the entire cost that year. My understanding is that I need to report a gain of $500 on this sale/recapture because the furniture would have been fully depreciated by 2020. I answered the questions about the sale in the section Dispose of Business Property, but that $500 shows up nowhere, and there were no further questions later on about whether it was an installment sale, etc. Do I need to add a line item for Misc. Income for $500, or is there some other way this income should be reported in TT?
