Complete the statements below that outline the tax consequences if the business use percentage of listed property falls to 50% or lower after the year the property is placed in service. The property is subject to cost recovery recapture, which is included on the taxpayer's income tax return. The amount of the inclusion is the excess cost recovery deduction taken in prior years ising the over the amount that would have been allowed if the had been used Complete the statements below that outline the tax consequences if the business use percentage of listed property falls to 50% or lower after the year the property is placed in service. The property is subject to cost recovery recapture, which is included on the taxpayer's income tax return. The amount of the inclusion is the excess cost recovery deduction taken ilas ordinary income. over the amount that would have been allowed if the had been las capital gain income as a business deduction is a personal deduction Complete the statements below that outline the tax consequences if the business use percentage of listed property fallis to 50% of lower after the year the property is placed in service. The property is subject to cost recovery recapture, which is included on the taxpayer's income tax return. The amount of the inclusion is the excess cost recovery deduction taken in prior years using the over the amount that would have been allowed if the had been used statutorv Dercentaoe method: Complete the statements below that outline the tax consequences if the business use percentage of listed property falls to lower after the year the property is placed in service. The property is subject to cost recovery recapture, which is included on the taxpayer's income tax re amount of the inclusion is the excess cost recovery deduction taken in prior years using the over the that would have been allowed if the had been used