Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

How can I manually enter 1245 recapture in ProConnect?

C_A
Level 1

How can I make ProConnect populate 4797, Part IV for the amount of the recapture? I am converting a partial business use vehicle to personal use. The vehicle has not been sold. I'm trying to recapture the depreciation taken over SL. I've tried entering an override for the total gain and ordinary income portion under recapture rules, however I'm unable to make it pull through.

0 Cheers