Thank you for your response.
That is what I thought. All articles I read online said you must recapture depreciation regardless of whether you claimed depreciation in the past. What confused me was why TurboTax said to write down the total depreciation from prior years by looking it up in your previous returns. Doesn't that contradict that you must take depreciation? Why does TurboTax let you adjust the depreciations if you must take them? Should I just simply use the numbers TurboTax automatically calculates? And why does the sale of rental property have AMT depreciation (what is AMT depreciation)? Why not "regular" depreciation?
What about the special handling page or the expenses less than $2500 page? What about the recaptured section 1231 losses? Can you help me with those questions?
Thank you for your help. Much appreciated
