Self employed
@Lj2020 wrote:
....converted all of my assets used in my business including my home to 100% personal use. I did not self anything .
If there was no sale or exchange (i.e., you merely converted the assets to personal use), there is no need for recapture except for assets that fell to 50% (or less) business use where a Section 179 deduction had been taken.
TurboTax will guide you through the scenario (at least partially), but you may need to be using the Home & Business version (if you are using the desktop version of Deluxe) - see screenshots.
