@coppens1 wrote:
.....indicate on line 26a that no additional depreciation was taken, there should be no Sect 1250 recapture of the $35000 depreciation taken. Yet, on Sched D, line 19, the $35000 appears and recapture is taken.
It is confusing because Line 26a is for additional depreciation, which is the excess of actual depreciation over depreciation using the straight line method.
"Recapture" still applies to depreciation allowed, or allowable, using the straight line method (which is what you are seeing).
