How/where do I include the recapture of depreciation with regard to the capital gains on the sale of a rental property?

bklyn2vegas · ‎June 4, 2019

Does turbo tax automatically figure this out for me?

MarilynG · ‎June 4, 2019

Yes, when you enter the Sale of your Rental Property in the Property Profile and the Assets/Depreciation topics in the Rental section, TurboTax calculates a Gain/Loss for you, based on Sales Price, Basis, and Depreciation (screenshot).

Here's how to enter the Sale of Rental Property:

https://ttlc.intuit.com/replies/6686119

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How/where do I include the recapture of depreciation with regard to the capital gains on the sale of a rental property?

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How/where do I include the recapture of depreciation with regard to the capital gains on the sale of a rental property?

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