I'm in the process of selling my house. I took a home office deduction a couple times, and I am concerned about what I may be responsible for at tax time.
My profit from selling the house is nowhere near the 250k/500k limit so I'm not worried about paying capital gains tax.
I am concerned about something I'm hearing about related to "recapturing the depreciation deduction". Where can I look on my previous returns to see the figures that would be used to calculate this? My understanding is that there should be a figure on my tax return, possibly in Form 8829, that I will be responsible for paying 25% of at tax time.