Dolby Vision (video) or Dolby Atmos (audio)? Not sure how a soundbar would impact DV…
Apple TV will tell you if Dolby Vision is available, by testing the capability of the devices and HDMI connection. You will not see options that aren’t available for use.
Settings﹥Video and Audio﹥[ᴠɪᴅᴇᴏ] Format﹥
About 4K, HDR, and Dolby Vision on your Apple TV 4K - Apple Support
Apple TV will output video according to your settings. This isn’t fixed like a ‘version’.
4K, DV (12-bit), 60 Hz, YCbCr, 4:2:0 chroma would be a good setting. I would advise against RGB instead of YCbCr (for this use), and I would advise against other chroma settings (for this use). They add no video improvement but do cost extra bandwidth, possibly more than HDMI 2.0 allows for, thus restricting some other features, like a trade-off between HDR and frame rate.
A soundbar wouldn’t do any video processing, just passthrough if it is set up in between the Apple TV and the TV. Its compatibility only relates to passthrough and the needed bandwidth for that. With HDMI 2.0 ports with HDCP 2.2, and HDMI cables rated for 18 Gbps or better, it shouldn’t be any issue.
Soundbar video passthrough: Apple TV → [HDMI] → soundbar → [HDMI-ARC] → TV
Soundbar not involved with video at all: Apple TV → [HDMI] → TV → [HDMI-ARC] → soundbar