@newfound a fair warning here.
If you have anything under the heading "AMORTIZATION" in the 4562 description column, you DO NOT include the numbers of those items when figuring total depreciation. Amortized assets are deducted, permanently and forever. Those deductions are not recaptured under any circumstances.
The total total amount amortized deductions have not yet been deducted as of the closing of the sale, then you get to deduct the remaining balance in the tax year of the sale.
