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Deductions & credits
You will have Section 179 recapture, which will be the difference between the amount of your Section 179 deduction and any used portion of MACRS depreciation.
See https://ttlc.intuit.com/community/business-expenses/help/what-is-a-section-179-recapture/00/26867
Note that TurboTax does not support his calculation.
‎December 9, 2020
8:06 AM
2,192 Views