2005 1065 K-1 Line 20 code G
From TaxAlmanac
Recapture of section 179 deduction. The partnership will report your distributive share of any recapture of section 179 expense deduction if business use of any property for which the section 179 expense deduction was passed through to partners dropped to 50 percent or less. If business use of the property dropped to 50 percent or less, the partnership must provide all the following information.
1. Your distributive share of the depreciation allowed or allowable (not including the section 179 expense deduction). 2. Your distributive share of the section 179 expense deduction (if any) passed through for the property and the partnership’s tax year(s) in which the amount was passed through. Reduce this amount by the portion, if any, of your unused (carryover) section 179 expense deduction for this property.
