EVGATech_DavidRThat is correct. The XR1 can only capture at 1080p60. The advanced passthrough, which allows higher refresh/resolutions is meant as a feature that lets you play games with those settings without having to disconnect the device, but is not meant for capture.
ExplodingJuice Oh how I wish I knew this before ordering the XR1 capture card. I was hoping that this would be a cheaper solution to the Elgato's $250+ capture card that allows gaming at 1440p 120hz and actually allows you to capture and stream at 1080p/60. Looks like I will have to spend that much money to get what I am looking for. This XR1 card is being returned today ASAP. Rather unfortunate as I like the look of the capture card. False advertising sucks.