Garcost48
Level 2
03-14-2020
05:24 PM
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My client has claimed a home office for a couple of years on the Schedule C, for 2019 the business has closed. How do I recapture the depreciation we have taken over the years?
Using the 8829 Asset entry worksheet I go to the "Disposition" section and enter the date the business ended. The programming is entering the amount we claimed as depreciation on the "Personal Residence" line but I don't see anything carrying over to the Schedule D or 4797?
Can someone assist in what I'm missing to get the recapture to appear?
Thanks
GC
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