I converted a rental property to my primary residence in 2022 and noted the conversion in my 2022 tax return that was prepared on Turbotax. Now I am working on my 2023 return and TurboTax thinks the property is still a rental.
The help chatbot provided instructions for updating the property details that do not work. I am to open my return, search for rental properties and use the jump to button to reach the right screen. I get no jump to button when I search, only a long list of tangentially related articles.
I can navigate to the rental property section of the tax interview but I cannot update the property details there. I can delete the property entirely -- but that will remove all the capital improvement and depreciation details I will need if I sell the property in the future.
How do I fix this?
thanks!
