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Business & farm
@TurboTaxMichaelDC What if I am doing a section 179 recapture on a rental property that was converted to a primary residence? Would that be schedule E?
On Schedule E where do I add in the section 179 recaptured amount? (Is it in the expenses portion)??
Does TT automatically calculate the 179 recapture amount? The problem is that these assets were 179 before I came into TT, so TT has no recollection of them being section 179, and perhaps cannot calculate the recapture amount????
On Schedule E where do I add in the section 179 recaptured amount? (Is it in the expenses portion)??
Does TT automatically calculate the 179 recapture amount? The problem is that these assets were 179 before I came into TT, so TT has no recollection of them being section 179, and perhaps cannot calculate the recapture amount????
‎June 4, 2019
10:31 PM