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Investors & landlords
So here is the issue:
Last year TT2021 automatically changed to 30 years (i have another post on this from last year). Someone there posted that middle of the year - TT2021 reverted to 40 years. It seems this reversion carried forward to TT2022 and now it looks like i am going to have to file another Form 3115.
I think this is a bug TT failed to take in account for filers who submitted returns prior to the mid year update.
Anyway i will add the Form 3115 and see how TT2022 behaves going forward. Hopefully someone from Intuit paying attention to this thread and getting their boffins to test.
‎April 3, 2023
7:23 AM