glburk50
New Member

I sold depreciated farm equipment with a recapture gain. I received a 1099 MISC for the sale. How do I associate the 1099 with the recapture amount?

Turbotax is showing the recapture amount as a gain and the 1099 amount as income so I have an overall gain of twice as much.  I need to associate the recapture amount with the depreciated equipment sale price.