Depreciation Recapture: Definition, Calculation, and Examples
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Depreciation recapture is the tax provision that allows the IRS to collect taxes on any profitable sale of a depreciable capital asset that the taxpayer had us… Depreciation recapture is the gain realized by the sale of depreciable capital property that must be reported as ordinary income for tax purposes. Depreciation recapture is assessed when the sal…
Depreciation recapture is the gain realized by the sale of depreciable capital property that must be reported as ordinary income for tax purposes. Depreciation recapture is assessed when the sal…
DA: 93 PA: 18 MOZ Rank: 92