You will also be required to figure your depreciation using the straight line method over the ADS recovery period. Recapture of excess depreciation. For the first tax year you no longer use the property predominantly in a qualified business use, you must include any excess depreciation in both of the following. Your gross income. The adjusted basis of your property.
Excess depreciation is the result of the following.
This means you figure your depreciation using the straight line method over the ADS recovery period. For information on investment credit recapture, see the instructions for Form 4255. The pickup truck had a gross vehicle weight of 7,000 pounds. She used it only in a qualified business use for 1996 through 1999. Because the pickup truck weighed over 6,000 pounds, it was not subject to the limits that apply to passenger automobiles as discussed later under Special Rule for Passenger Automobiles.