about how to find out depreciation recapture tax rate , I found two very different articles.
one told me the rate is ordinary rate, the other told me is 25%. from other post of this forum, it says maximum is 25%.
could someone tell me, how the rate actually works out?
Recapture is taxed as ordinary income rates not to exceed 25% ...
So if your ordinary rate is 10% then the recapture is 10%... But if your rate is higher than 25% the recapture portion will be capped at 25%
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