I selected that I sold an investment property in 2021.
If you sold the property in 2021 and you have not been depreciating your property improvements done before and after converting it to a rental in 2016, then you have a major issue the program can not deal with. You need to seek professional help. This is especially true if your state taxes personal income.
Basically, a 3115-Change in Accounting Method form will need to be filed with your tax return to account for all that depreciation you did not take when you were required to.
Now while the program does include the 3115, it is not simple by any stretch and the program offers practically no help for that form. Unless you are well versed on dealing with this, professional help is needed.
