Tolly
Level 3
11-10-2020
03:19 PM
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Sorry. Client had a new Tahoe (cost $67,797 with $10,800 SDA taken) placed in service 5/14/18 with 60% business use. In 2019 she only used the Tahoe 37.5% for business. I want to know how to run the depreciation recapture ($6,732 = $10,800 - $4,068) and the increase in basis $6,732 through the Lacerte software.