We purchased a business in 2022. The tangible asset price was 200,000 of that 49,600 were assets that are depreciated. What do I do with the remaining 150,400?

The buyer and seller should have completed a form 8594.

This form provides categories for the different type of assets in the purchase.  This breakdown may have also been included in the purchase agreement.

Not real clear on how the $49,600 figure was determined.

The purchase agreement should provide direction.

Most likely the balance of assets are some type of intangible asset; goodwill, customer list, etc.

These assets are Section 197 assets and are amortized over a 15 year period.  If this is what they are, then entering them as such, TT will handle the amortization correctly.