Deductions & credits


@danielf80 wrote:

.......Can I just recapture the amount that I depreciated when I sell or do I need to recapture what I should have depreciated?


You "recapture" the amount of total depreciation deductions that were allowed or allowable. As a result, it would not be advisable to forego depreciations deductions. 

 

If you failed to take depreciation deductions, you may need to file Form 3115 to catch up on total depreciation deductions that should have been taken. 

 

See https://www.irs.gov/instructions/i3115#en_US_202212_publink100035791