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I'm not sure why the capital loss did not carryover to 2025, but you can enter it in TurboTax in 2025 if it is not there . Just go to the Wages and Income section, then Investment Income and then Capital loss carryover.     

I called a few times: I asked for an "agent" or "representative". The automated system told me that before it can connect me, it needs further specification. I genuinely try to do that with very lengthy process. The AI either disconnected me or let me wait over 40-50mins.

Thanks for the reply; however, this doesn’t allow me to show a loss on the inherited property.   It’s the “2nd home” that flags as not allowing a loss.   This is not like a beach house as a 2nd home….it was inherited 8 months earlier and I had a formal appraisal to establish the cost basis   

Yes. If nobody can claim the AOTC credit since the expenses were covered with a restricted scholarship, you can at least get the $500 dependent credit by claiming your daughter. Her standard deduction is the same either way.    Someone who can be claimed as a dependent receives a standard deduction that cannot exceed the greater of:  $1,350, or  earned income plus $450 (but not more than the regular standard deduction).

Form 1041 can be electronically filed.  You can use TurboTax Business to prepare the return and file it electronically or by mail.   See the following link for more information:   TurboTax Desktop Business   @user17720250883 

It depends on what kind of taxes they are.  If they are your share of the real estate taxes then you deduct as an itemized deduction on Schedule A, if you itemize.  If they are transfer taxes and recording taxes are not deductible as an itemized deduction on your tax return. Instead, they added to the cost basis of your home,     Different states have different fees/taxes, and some have different names for the same fees that are charged at closing.  Other than the real estate/property taxes I don't know of any taxes charged at closing that are deductible.  Note, the property taxes are not charged at closing, rather they are an allocation between owners based on the percentage of the year they lived in the house and who paid or will pay the tax bill.

No, you cannot put two versions of 2025 desktop download on the same computer, and there is no need to do so.   Every version of desktop download (Deluxe, Premier, or Home & Business) has all of the forms and all of the schedules.    You can use that software to prepare and e-file up to five federal returns and the state returns that go with them.    If you expect to enter self-employment income or investment income, rental income, etc. you will get more help with Home & Business, but Deluxe can handle those kinds of income too.