When selling a computer that has been used for a Sch C business since 1996 at 85% bus usage, what "basis" do you use on Sch 4797 to figure the gain? Do you take the percentage used for business in the last year and pro-rate the selling price, cost, etc based on that percentage? Or do you use the actual 100% cost, 100% selling price, etc? I'm stumped. Any help would be appreciated :)If you have claimed 85% business usage consistently, yes, you would claim 85% of the cost basis and recapture the depreciation on the 85% of the cost basis and record as the sale 85% of the sales price. If you did not claim 85% consistently, you would use a total of the claimed usage over whatever period of time, whatever that percentage might turn out to be.
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