@mrduvall wrote:I assume I can use MACRS 5 year for the 2019 depreciation and recognize recapture for the difference. So MACRS depreciation would be $9,200 ($46,000 x 20%)
Where are you getting 20% from?
Vehicles that are 50% or less (or drop to 50% or less) calculated using Straight-Line depreciation. And because the first year usually only gets a 1/2 year of deprecation, that would be 10%.
