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Level 1
July 10, 2021
Question

I converted a vehicle to 100% personal use- how do I trigger depreciation recapture on 4797? The system will not pull the form with the override function or disposition.

  • July 10, 2021
  • 1 reply
  • 4 views
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1 reply

qbteachmt
Level 15
July 11, 2021

More details would be helpful. Which entity type is this? What type of vehicle is this? "Converted" as in, the use was mostly personal, or "converted" as in, sold it to an employee or "converted" means what?

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