gregsanchezz
Returning Member

Deductions & credits

Rounded numbers....Sale of home $509k.  Selling expenses $35k.  Purchased home for $469k, but did a remodel for $60k, Converted AC to refrigerated air for $16k.  So my basis was way over what I sold it for.  Depreciation taken in previous years in my home office deduction was $4,379 (so not big dollars).  I just don't see Turbo Tax calculating recapture.  Maybe because my loss is enough based on your initial comment?