I think the culprit here is the depreciation recapture. That would be the $150K for the building over 27.5 years. That would be $5,545 per year, for 8 years would be an add-back of $43,640.
I would expect to see something like:
Gross Sale 365,000
Basis 180,000
Depreciation 43,600
Adjusted Basis 141,400
Total Gain 223,600
This calculation will appear in the 4797 worksheets.
If you pay the TurboTax fee you can see all of the forms.
I can't tell what went wrong without seeing the return.
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