Trying to understand TT calculate capital gain calculation

[jg71534]

Sold main home on 1/2/2022 after moving into it on 1/1/2020.

Prior to that it was consecutively rented for 13 years.

I understand I have to have depreciation recaptured for every day (after 2008) that it was a rental.

My question is this:

I lived in home for (1 day more) than 2 years out of the last five years.  

If my total Gain is $200,000 shouldn't the taxable portion be 60%, or $120k ie the 3 years of last 5 it was a rental.

After running TT it's calculating the taxable gain portion at 67%, obviously requiring me to pay more tax than I had been anticipating.

[Mike9241]

from your total gain, the depreciation is subtracted. only the remaining balance is eligible for the home sale exclusion. if depreciation exceeds the gain only the gain amount is taxed as depreciation recapture.  depreciation recapture does not matter how long you owned it, how long you rented it, or how long it was your primary residence. it get's taxed up to the gain. 

house tax basis b/4 depreciation $300 + land $100

depreciation taken  $150

remaining tax basis $250

sold for $450

gain $200

depreciation recapture $150 (75% of gain so 67% is possible)

remaining gain $50 is not taxed due to the $250/$500 home sale exclusion