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Deductions & credits
@cbusa wrote:
Is special bonus depreciation recapture taxed as ordinary income? What about 179 depreciation recapture?
Recapture is taxed as ordinary income.
You may want to read
https://www.irs.gov/publications/p946
https://www.irs.gov/publications/p544
‎September 15, 2023
9:37 AM