Recaptured depreciation is the portion of the sale price that is below the book value.

Name: Recaptured depreciation is the portion of the sale price that is below the book value.
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Recaptured depreciation is the portion of the sale price that is above the book value, not below it. When an asset is sold for more than its book value, the difference between the sale price and the book value is considered recaptured depreciation and must be reported as taxable income.

Recaptured Depreciation Is the Portion of the Sale Price That