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If you received the proceeds through the estate, the estate should have reported the sale on its 1041 and you should have received a K-1 for your share. However, it is possible that the estate paid any tax due.   Contact the executor and inquire.

@rkdehaan    Others may be able to think of something else But the only one I can think of for 2025 taxes is a QCD from an IRA distribution, for people age 70.5 or older. ________________ The one you might be thinking of is a 1000/2000 charity deduction (for those that take the Std Deduction) that starts with 2026 taxes that you file next year.  

@emt7 If you imported the W-2 and the code in box 12 is incorrect then you need to delete the W-2 and re-enter manually.   DD—Cost of employer-sponsored health coverage. The amount reported with code DD is not taxable.

So I deleted the K1 and Form 3468. Started from scratch.    The only questions on Turbotax Home & Business (Mac) are:  1) Did you actively participate? - Yes 2) Do either (or both) of the above conditions apply to the rental activity for this LLC? - Yes. Apply the special handling rules to this rental activity. 3) Does this rental qualify as a trade or business? -Yes   Adding in the credit it still does not appear on Form 3800 Part III 1v. When I go to Form 8582 it shows the business there as 2025 Passive RE. So there seems to be some issue on forcing this to be active non passive.    When I open the forms for the K1, the following boxes are selected:  Box 2:  Check if materially participated in rental real estate activities - checked Check if "actively" participated in rental real estate activities - checked Check if rental of property is a type subject to recharacterization rules - checked Check if rental real estate activity is a trade or business - checked   It's almost as if because business activity type is Rental Real Estate that it automatically assumes passive. Section A of the K1 shows at the top Classification "Active RE".     

If you are filing as Married Filing Separately you are not eligible for the deduction.  If you are Single and your AGI is over $175,000 or Married Filing Jointly and your AGI is over $250,000 you are not eligible for the deduction.   If you are age 65 or older and meet the requirement, the additional deduction is automatically added on your federal tax return.   Standard deductions for 2025 Single - $15.750 add $2,000 if age 65 or older Married Filing Separately - $15,750 add $1,600 if age 65 or older Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older Head of Household - $23,625 add $2,000 if age 65 or older   New Bonus Standard Deduction (OBBB): An additional $6,000 deduction for taxpayers 65 and older. This is per eligible individual, meaning a married couple both over 65 could get $12,000. Important: This bonus deduction is temporary, lasting from 2025 through 2028. Income limitations: It phases out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers. The amount is calculated on Schedule 1-A, Part V, with that amount flowing to Form 1040 Line 13b Look at your Form 1040 - You can view your Form 1040 plus Schedules 1, 2 and 3 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

thanks for your reply! the previous tenant moved out, it took couple months to repair and rent out, that's why the income doubled, but the rental property depression should be same right, but turbotax shows this year is much higher, do you know how can I fix it to show the same amount like last year for asset depression? thanks

That was me in the other thread. 🙂 I had been searching around for threads detailing similar issues. For the people who visit this post in the future, I begrudgingly reset my entire return to solve the issue. I would try Bill's advice about the HSA reset first. Unfortunately, it didn't work for me when I tried it a few days ago (I might have missed something).   My advice: Take your time before entering values you don't thoroughly understand as you might not be able to change them later. Also, avoid entering "placeholder" values for info you do not have on hand. That's the trap I fell into.

@Oldblue    It should show up in the menu summary amounts as income $$ that you "entered" into the software But ....if you look at your actual form 1040, your line 5b $$ amount should be lower than line 5a, and the "rollover" box  (5c) should be checked.   IF those same $$ are included on line 5b, then perhaps you indicated it went into a ROTH IRA.....if you did xfer to a ROTH IRA.... then those $$ do become taxable.

It appears that this is referring to line 6 on the MO-CR. Subtn meaning "subtraction".   The Missouri instructions (at the bottom of the form) say "Line 6 - Enter the amount of your and your spouse’s Missouri subtraction modifications derived from sources in the other state. This figure cannot exceed the Missouri subtraction modifications reported on your Form MO-A, Line 19. Example: If half of your capital gains and half of your agriculture disaster relief payments for the tax year included on Form MO-A were derived from sources in the other state, you would enter on Form MO-CR, Line 5 half of Form MO-A, Lines 16 and 18."   Is there a question for this in the Missouri interview? Or does this provide enough information for you? That is, can you figure out what number is supposed to be there and plug it in?