I don't believe there was a 706 filed. The estate was less then 2 million, so it was not subject to federal estate tax, just Massachusetts estate tax.
On the 1041 I am realizing there may have been mistakes.
On the 4562 for the 1041, the in service date is 11/19/21 with a 27.5 SL/MM.
I believe TT business calculated prior depreciation based on the FMV and the remainder of 2021 that the estate owned the property.
So then it prompted me for prior depreciation with a value I didn't understand at the time and used the MACRS depreciation value from the 2021 4562.
Which looks like it's now giving me an incorrect K-1.
Would the proper way to fix this be amending the 2021 1040, filing a 2021 1041 and amending the 2022 1041?
Also since the estate closed in 2023 do I need to file a 2023 1041, or do I just claim all of the 2023 income on my personal schedule E?
