I have 2 rental properties and have used online TurboTax Premier to file my income tax in the pass.
Last March 2022, I sold one rental property with capital gain.
Since this is my first time having a rental sale to report for 2022 income tax and will intend to buy the same online version but this time with additional Live TurboTax Expert help guidance or coach, which would cost more, to help me file my income tax in 2023.
Questions:
1. Per your experience ... do you think the Live Expert help can coach me file the rental sale correctly with unallowed loses carry over from previous years, recaptured depreciation taken, costs for repairs and improvements, etc... or should I use a CPA tax services?
2. If I use a CPA tax service for 2022 income tax ... would all the taxes data from all previous years (2021 and all earlier years will be lost or they will be transferred to the online TurboTax 2023?
Do you have any suggestion or advise.
Thanks
