skip navigation

Search Help
Navigation Help

Topic Index
ABCDEFGHI
JKLMNOPQR
STUVWXYZ#

Affordable Care Act
Tax Topic Index

International
Tax Topic Index

FAQs
Forms
Publications
Tax Topics

Comments
About Tax Map

IRS.gov Website
Publication 946
taxmap/pubs/p946-018.htm#en_us_publink1000299560

When Must You Recapture an Allowance?(p30)

rule
When you dispose of property for which you claimed a special depreciation allowance, any gain on the disposition is generally recaptured (included in income) as ordinary income up to the amount of the special depreciation allowance previously allowed or allowable. See When Do You Recapture MACRS Depreciation in chapter 4 or more information.
taxmap/pubs/p946-018.htm#en_us_publink1000299562

Recapture of allowance deducted for qualified GO Zone property.(p30)

rule
If, in any year after the year you claim the special depreciation allowance for qualified GO Zone property (including specified GO Zone extension property), the property ceases to be used in the GO Zone, you may have to recapture as ordinary income the excess benefit you received from claiming the special depreciation allowance. For additional guidance, see Notice 2008-25 on page 484 of Internal Revenue Bulletin 2008-9.
taxmap/pubs/p946-018.htm#en_us_publink1000299563

Qualified cellulosic biomass ethanol plant property and qualified cellulosic biofuel plant property.(p31)

rule
If, in any year after the year you claim the special depreciation allowance for any qualified cellulosic biomass ethanol plant property or qualified biofuel plant property, the property ceases to be qualified cellulosic biomass ethanol plant property or qualified biofuel plant property, you may have to recapture as ordinary income the excess benefit you received from claiming the special depreciation allowance.
taxmap/pubs/p946-018.htm#en_us_publink1000299564

Recapture of allowance for qualified Recovery Assistance property.(p31)

rule
If, in any year after the year you claim the special depreciation allowance for qualified Recovery Assistance property, the property ceases to be used in the Kansas disaster area, you may have to recapture as ordinary income the excess benefit you received from claiming the special depreciation allowance. For additional guidance, see Notice 2008-67 on page 307 of Internal Revenue Bulletin 2008-32.
taxmap/pubs/p946-018.htm#en_us_publink1000299565

Recapture of allowance for qualified disaster assistance property.(p31)

rule
If, in any year after the year you claim the special depreciation allowance for qualified disaster assistance property, the property ceases to be used in the applicable disaster area, you may have to recapture as ordinary income the excess benefit you received from claiming the special depreciation allowance.
For additional guidance, see Notice 2008-67 on page 307 of Internal Revenue Bulletin 2008-32.