Yes, I understand what you need now. You can manually adjust the prior depreciation and recapture the amount of unallowed depreciation. The difference should be entered on the Form 4797, line 6 (actually starts out from line 24, Part III), which should then carry to Part II for Ordinary gains, then transfer to Schedule 1, Part 1, line 4. This will result in an ordinary gain on Form 1040.
TurboTax may want to carry this to a different section since the confusion comes from the type of property (real vs personal).
Tax Terms:
- Real Property (anything that is land, buildings and structural components)
- Personal Property - Everything else - two types
- Tangible - anything you can see, feel or touch
- Intangible - in and of itself it has no value but represents a value (a dollar bill or a stock certificate, etc)
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