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Entry of Capital Gain and Depreciation Recapture on Form 1065

 

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Subject Author Date
Entry of Capital Gain and Depreciation Recapture on Form 1065 paul373 01-02-2007
Posted by paul373 on January 2, 2007, 4:07 am
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A partnership I am a member of sold an apartment building
last year that we have owned and depreciated since 1979.
Using Form 4797, I have computed: (1) the total gain, (2)
the amount of gain subject to depreciation recapture, and
(3) the amount of gain that is long term capital gain (Form
4797 lines 30 - 32). My question is on what lines of Form
1065 Schedule K do these numbers get entered on?

Thanks for any help.

Paul

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