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I just entered two rental properties and they are both showing on Sch E which means you may have a piece of data stuck. Follow these steps:
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Thanks for the response. Yes it does work for rentals. I missed mentioning in my question that one of the properties was for royalties only. I looked back as far as 2020 TY when I had two rentals. Both rentals were carried over, but the royalty description was not. So, it's not a new problem.
Royalty property would normally transfer as well. It's difficult to know exactly why something doesn't transfer on occasion. You should always review your data from year to year so nothing is missed. Enter your Royalty property information and grab your prior depletion if applicable.
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