Deductions & credits


@RobertB4444 wrote:

Recapture applies when you sell the vehicle.  It is just in stasis while it is a personal vehicle.  When you sell it you will need to enter in all of the depreciation so you can recapture it at that point.  So save your records.

 

@KDavy2024 


 

That is wrong.  Section 179 (and/or Listed Property) can be recaptured when the business percentage drops to 50% or less.

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