Carl
Level 15

Investors & landlords

YOu did ***DISPOSE*** of the property. Therefore you select that you *DID* sell or dispose of the property. If you don't select that, then I can give you a 100% guarantee that your taxes will be wrong.

Next, you have to work through each individual asset one at a time in the Sale of Assets/Depreciation section and indicate that you stopped using the asset in 2022. Then you'll be presented a "special handling required?" screen. Select YES on that screen. If you select NO you will be forced to enter sales information, and you clearly stated you did not sell it.

Turbo Tax tells me to NOT check sold or dispositioned in 2022 if sold or dispositioned to a relative.

TurboTax program is just flat out wrong.