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Is the 2018 depreciation recapture tax rate a flat 25% or the taxpayers income tax rate?

cpaattorney
Level 1
 
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sjrcpa
Level 15

25% is the maximum rate. If their tax bracket is lower, they will pay the lower rate.

The more I know, the more I don't know.

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sjrcpa
Level 15

25% is the maximum rate. If their tax bracket is lower, they will pay the lower rate.

The more I know, the more I don't know.
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