I disposed of an asset that had 51% business use.
Cost of the Asset $9500
DPIS 12/31/2020
Sec 179 $4845 (51% of the cost)
Asset was sold for $9200 12/15/2023.
I am baffled that the Ordinary Inc from recapture is $4845 and the Long term gain is $4304. > I can understand the recapture but why the long term gain if the bus use is 51% - is there an error in Turbo Tax?
