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posted Apr 3, 2024 12:34:16 PM

Recapture Depreciation on Sec 179 software

Bought computer software (Quickbooks) 1/6/21 for $433.  Took Section 179 deduction on 2021 taxes.  Quit using the software 1/31/23.  Did not sell it, so no gain.  Is there any recapture depreciation to report. If so, what is the recomputed depreciation and recapture amount on Form 4797 part IV?  Does Turbo Tax automatically put the recapture amount on the Schedule C or do I have to input it manually, if necessary.

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