So are you saying I should just go through the Rental Properties and Royalties screen and the Sale of Home screen as if they are seperate items?
When I go to Sale of Home (gain or loss) screens, do I just enter in the $187k cost basis since this is on the personal side? I went through all the screens and I got 1 question that says Depreciation After May 6, 1997, but it says Note: Only report here depreciation that was NOT reported as a seperate business sale.
It's just a little confusing because the Sale of Home is now showing the right gain on the sale of property, but I didn't encounter any deprecation recapture screens on the Rentals Properties and Royalties screen. It basically just asks me when it was sold and then says the depreciation for 2022 is $X and we will move it to the right form for you. I don't see any other screen and it just moves me on to deductions and credits.
EDIT: The only time I get a screen that says I have a taxable gain is if I enter in the depreciation on the Depreciation After May 6, 1997 screen
