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Depreciation recapture on sale of a rental property
Please help - I'm not sure why but it looks like i'm being asked to input my deprecation in determining the Cost Basis of the rental property I sold in 2022 --- and then to input it again under section "Depreciation After May 6, 1997". Must I input my depreciation claimed for time as a rental in both places?
Also how do I determine if I determine if depreciation claimed was AMT or not?
‎December 15, 2022
2:12 PM