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Deductions & credits
When you sell the property, more than likely the purchase price will not include anything for the assets that are fully depreciated. So, there will not be any gain on the sale of those assets, so you will not have any depreciation recapture on them.
Unless you plan on selling the assets, if they are fully depreciated you can remove them from TurboTax if you want.
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March 30, 2020
12:12 PM
934 Views