RobertB4444
Expert Alumni

Deductions & credits

You're correct on all counts.  You don't owe depreciation recapture this year because it was greater than 50% for 6 years so you're good on that.  But when you do sell the car there will be some depreciation recapture from the sale amount.  If that recapture had happened this year (which it didn't) then you wouldn't have it at the time of sale.  

 

You've got a good handle on it.  

 

@nancylin 

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