A few things to note:
Three items "must" be selected on the Property Profile.
- 2021 was the first year I rented this property.
- I rent out a part of my home.
- I converted this property from personal use to a rental in 2021
On "was this property rented all year?" select YES.
On "let us calculate your expense deductions for you" select NO. (The program does not and can not correctly allocate everything. So you should do it manually.)
Once you have finished the rental section completely, double-check that the depreciation is correct. My bet is, it won't be.
See IRS Publication 946 at https://www.irs.gov/pub/irs-pdf/p946.pdf and use the worksheet that starts on page 37. The table that applies is Table A-6 on page 72.
