If the home was used for business purposes, there may be depreciation recapture reported on your tax return.
The depreciation will be recaptured on IRS form 4797 Sale of Business Property. See Instructions page 3 here.
Sale of Home Used for Business
If you sold property that was your home and you also used it for business, you may need to use Form 4797 to report the sale of the part used for business (or the sale of the entire property if used entirely for business).
Gain or loss on the sale of the home may be a capital gain or loss or an ordinary gain or loss. Any gain on the personal part of the property is a capital gain.
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