Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
Anna KZ
New Member

Recapture after disposition

Does Turbotax do automatic recapture? I have entered the amount for the vehicle disposition which is higher than UCC at the end of last year (UCC at the end of the year is $2000; the disposition of vehicle is $5,000), however my income or taxes are not changing after entering disposition amount of $4,000. Do I have to enter recapture amount/extra income of $3,000 after disposition somewhere on Turbotax online manually or does Turbotax do it automatically and I shouldn't worry about the numbers.

Thank you

1 Reply

Recapture after disposition

Please contact our phone support team at 1-888-829-8608 as they will be better able to assist you.