sjrcpa
Level 15
06-18-2025
05:31 PM
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My concern is having to pay the taxes on the depreciation recapture all in one year. If they were cash, that can be spread out as the payments are received.
No. Installment sale reporting is not allowed for ordinary income items- sale of inventory, AR, depreciation recapture. Cash basis or accrual doesn't matter.
The more I know the more I don’t know.