W sold an automobile that had been used in his business during the current year.Depreciation of $6,700 had been claimed.If the straight line method had been used, the depreciation expense would have been $4,500.W's § 1245 recapture potential is $2,200.

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The Answer of W sold an automobile that had been used in his business during the current year.Depreciation of $6,700 had been claimed.If the straight line method had been used, the depreciation expense would have been $4,500.W's § 1245 recapture potential is $2,200.

W Sold an Automobile That Had Been Used in His