Thanks @Cynthiad66 for your response. When I follow the instruction in your response, TurboTax ask me this question "Depreciation Recomputed on this property using the Straight-line Depreciation Method: "
The listed property is an old vehicle (year 2005) that I used for both personal and business. I never take any depreciation on the car. I gave the car to my daughter this year.
My questions are:
1. Do I need to go through this recapture depreciation for this vehicle even though I never take any section 179 depreciation for it ? If no, do I need to check off the "section 179 recapture" check mark in the "Any Other Property Sale ?" questionnaire ?
2. If yes, how do I compute the amount using the straight-line depreciation method ? Would you please provide an example ?
Thank you
