Must I pay recapture of Sec. 179 on a vehicle (100% bs on Sch C) when I retire after 5 yrs even if vehicle is fully depreciated? If I keep for personal after I retire?

[KrisD15]

You don't need to figure Depreciation Recapture until you sell it. 

You do need to know your "Adjusted Basis" for when that time comes.

The "Adjusted Basis" is the "Original basis" (your original cost or value) less the depreciation claimed (or should have been claimed).

There is almost always Depreciation Recapture and capital gain when selling rental real estate, but no so much with vehicles. 

In fact, switching a vehicle to personal use might negate a business loss (there is no loss on a personal sale) 

[AmeliesUncle]

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@MarilynMennetti wrote:

I have a car I have used for business for 7 years. I am now retired and use it for personal use. How can you figure recapture

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Were you claiming Actual vehicle expenses, or did you use the Standard Mileage Rate?

If you used Actual vehicle expenses, did you claim Section 179 or Bonus depreciation in the first year?  Were you using accelerated depreciation (usually 200% DB, most common if vehicle was used over 50% for business) or were you using Straight-line (most common if vehicle was used 50% or less every year for business)?