bafcpaco
Level 1
02-15-2022
07:30 AM
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Just wondering if someone can shed some light on the following question. We seem to be getting 2 different responses.
If you have an asset that has been 179 in prior years, and you dispose or sell it at a gain, what gets added back on the 199A worksheet - the recapture or the gain on the sale?
Proseires doesn't add it back, it needs to be manually entered on the 199A worksheet.
Thanks.
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The_AntiTax_Man
Level 8
02-16-2022
09:37 AM
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@bafcpaco Please post the solution when you resolve this issue.