The TT panel for “Sale of Bus Property” “What type of property is this”: no choice for my property i.e. “real estate that I did NOT take depreciation on”

166

Intuit Alumni

Jun 4, 2019 12:33:54 PM

That is because you are required to take depreciation. You must recapture depreciation "allowed or allowable", meaning recapture it whether you took it or not.

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The TT panel for “Sale of Bus Property” “What type of property is this”: no choice for my property i.e. “real estate that I did NOT take depreciation on”