Recapture Report (AM292)

Run Recapture Report (AM292) to print a report of depreciation and tax credit recapture by book. Since this report prints by book, items are not on the report. There are two types of recapture, as indicated in the Report Option field: depreciation (D) and tax credit (T). Each option creates a separate report.

The depreciation recapture report includes the asset basis, recapture percent, and depreciation recapture. The tax credit recapture report includes the asset basis, tax credit percent, tax credit taken, recapture percent, and the tax credit recapture. The report can help complete U.S. tax forms 4797 and 4255.