jake1
Level 3
12-09-2022
09:57 AM
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I have disposed of an asset that was section 179 in 2018 with a current basis of $0, so all gain. The program calculates the ordinary income recapture and capital gain (sold for more than purchase, lucky duck), but the ordinary income from 4797 does not flow through to the shareholders K-1, only the capital gain. Any help would be greatly appreciated, thank you in advance!!
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