@Carl The OP still needs to claim the correct depreciation this year. In order to do that, the amount needs to be changed in the "asset" section. Because that is corrected, it can correctly be reported in the "asset" section rather than the "Sale of Business Property" section. While it could be claimed in the "Sale of Business Property" section, there is no indication that it would need to be done that way.
But the OP NEEDS to calculate and use the "prior depreciation" that SHOULD have been claimed using the correct higher Basis (if you leave that entry BLANK, the program will automatically use the proper amount). That is need in order to claim the correct current year depreciation, as well as to calculate the correct amount of gain.
