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Dropping below 50% business usage does NOT trigger you to recapture Bonus depreciation.
According to the message in ProSeries it does. I get an error if I leave the Spl Dept amount in its field, and a pop up that it should be recaptured
Can you give more details about this asset? For example, is it Listed Property (such as a vehicle)? Or one of those weird special "zones" (disasters, etc.) that have special rules?
And can you confirm it is the Special Depreciation, rather than Section 179?
It’s a vehicle, and yes, it’s special depreciation
Then you are required to recapture any "accelerated" depreciation (which includes the Special Depreciation allowance.
Essentially, you need to recalculate things using the Straight-Line method (and no Special Depreciation Allowance) for all previous years, then enter that as a "recapture" on the bottom of the 4797 (I use the "enterable" Form 4797 to manually enter it).
https://www.irs.gov/publications/p946#en_US_2018_publink1000107689
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