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In some cases, sale of a rental could be considered a business, therefore the 40% deduction would be valid. I received an update today 2/27/26, with a new "Total Capital Gains" section in the State of NM Step by Step. If you enter the Capital Gains Amount in "Gain on sale of business assets" the Business flag on NM PIT-ADJ line 16B gets set and the 40% deduction is calculated. 

You do not say what 2024 information it is asking for.   If you mean it is asking for your 2024 AGI, that is entered to allow you to e-file 2025. Where do I find my AGI?   https://ttlc.intuit.com/community/agi/help/how-do-i-find-last-year-s-agi/01/25947   Your 2024 tax return shows your 2024 Adjusted Gross Income  (AGI)  If you filed a joint return then the AGI is the same for each of you.   Form 1040        line 11   If entering the amount from your 2024 tax return does not work, then try entering “0” instead.  If that does not work and you still cannot e-file, then print, sign, and mail your tax return.   You can get a free transcript of your past return from the IRS:   https://www.irs.gov/individuals/get-transcript Note: If you filed late or amended your return, your correct 2024 AGI may not be in the system.  https://ttlc.intuit.com/questions/1944348-how-do-i-print-and-mail-my-return-in-turbotax-online Note:  If you mail your federal return, you will also need to mail your state return.  You will not be able to e-file your state return.  

You will not get the childcare credit until (unless) you enter income earned from working.   The credit does not work unless you enter your income first.   If you are filing a joint return you must show income for both spouses, or show that one or both of you was a student or disabled.   If you have self-employment income and show a loss you will not get the childcare credit.  You will not get the credit if you are filing married filing separately.     If you have entered all of your income and you have entered your dependent(s) then work on the childcare credit by entering the Tax ID or Social Security number of your childcare provider and enter the amount you paid for the childcare.   One of the most common mistakes that messes up the childcare credit for people is listing all of the earned income under only one name on a joint return.  Make very sure that your incomes are listed under each of your names.  It’s pretty easy to check.  Go to the Income section, and click “update” on Wages and Salary.  That will take you to the W-2 Summary.  Do you see income listed under both of your names?       The person receiving the care had to be 12 or under or qualified as mentally or physically disabled. To claim the childcare credit you need to be filing as Head of Household or Married Filing Jointly. (NOT married filing separately)    If your child was born in 2025 make sure you say the child lived with you all year. The credit is a percentage of your expenses based on your AGI (the higher the income, the lower the percentage)  You must provide the Social Security number for each child you are claiming, and the Social Security number or Tax ID for each care provider.    In the case of divorced or never-married parents—only the custodial parent can use the childcare credit.     And remember that the childcare credit is a NON-refundable credit.  It can reduce your tax owed down to zero, but it is not added to your refund.       https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/child-dependent-care-credit/L8h8A5Klg_US_en_US?uid=m5yifys1

If your return is properly prepared, the refund check should be made payable to "Estate of <deceased>".   I don't know if you can do a direct deposit with the Estate Account bank info. I say "should" because in my case, the IRS managed to mess it up.   @jllatimer 

vous mettrez à jour quand?  j'ai une personne qui a vendu sa résidence principale donc besoin de l'annexe 3 mais votre logiciel qui n'a pas corriger encore ce problème et ça m'empêche d'envoyer sa déclaration. vous aviez le même problème l'an passé, je ne comprends pas que vous ne puissiez pas régler ce problème de formulaire surtout que c'est récurrent.

The "Do It Yourself Premium" online software instructions are terrible for helping you find where to enter Federal and State Tax Estimated Payments already made.  I stumbled across the Federal Section and then the instructions make all kinds of erroneous statements on how to find the State section.  Here is how I finally found it:   Under Federal, Click the "Deductions & Credits" drop down menu. Select the bottom choice of "Deductions and credits summary" This will cause a "Your tax breaks" table to pop up. Scroll down past this table, past the Search bar, past the greyed out section of the page with "Your Home", "You and Your Family" and about five other things. Now you'll see "Estimated tax payments".  Select Start even if you've already started it somewhere else and finally you'll see what you need for Federal Estimated Taxes and State Estimated Taxes.   Why did it have to be this hard and the Turbo Tax instructions so bad? .

Try deleting form 8453 and the Charitable Donation worksheets from your return.  Close TurboTax and re-open it, and perform a Manual Update and re-enter your donations. Updates are added every Friday, and this issue has been resolved.   I would also suggest that you Enable LAN in the icon to the left of the URL address in your browser.  Maybe your updates are being blocked.   @rick466