I need to amend several past years (19-21) due to specifying incorrect business use % for the rental. It was set at 25% and I kept transferring it over and over. It should be set to 100%. This results in a small refund from the state and no changes on federal return.
This change affects accumulated depreciation amount on the rental which would need to be recaptured at the time of the sale. Is there a process to track the change in TT, or do I need to manually change it in 2022 return? I have not filed it yet, but its pretty much ready to go.
