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Deductions & credits
I have PMs turned off.
Having converted the property to personal use on the 2020 tax return, it should not even be on SCH E on your 2021 tax return.
Basically, you need to print out the two 4562's for that property and the 8832 from the 2020 tax return, as it has all the information you need to report the sale in the Sale of Business Property section.
March 15, 2022
4:02 PM