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Re: Sale of Rental 2022, and how to pay captial gains
I entered all my standard taxes into TurboTax Premium 2022. Then I am have gone back to post the rental sale.
I donated or gave away all assets on the property. I am thinking that those things I did not make any profit on so I am done reporting on those.
I need help and have paid for Turbotax support. I am at the TT Premier/Federal Taxes/Wages and Income/Section 179 special depreciation. I am thinking I only have to edit the 'rental house' item.
If there are simple answers and which entries to make then I can follow and can do this.
I keep seeing depreciation calculations and legal instructions but no clear finality so I am thinking of putting a support call in. I bought TTpremier hoping that this would handle what has to be done.
Thank you any any help or leads.