Yupthatsme19
Returning Member

Business & farm

@ColeenD3 I converted in 2021 yes. The only form I filed out was 4562 under listed property on 2020 tax return. 

I stopped using it as a work vehicle in 2021. 

Also the TurboTax form is telling me to recalculate the recapture. The only depreciation reduction I have is $4,190 with a recovery period of 5.00. 

Would the recapture be $3,352 for the remaining 4 years? 

I apologize for the multiple posts.