What do mean by "include a Form 1041"? Form 1041 is not part of your personal Form 1040 tax return. It's a separate tax return for a trust or estate.
Or do you mean that you received a Schedule K-1 (Form 1041) that you have to add to your personal tax return? If that's what you mean, go to the following link for instructions to amend a 2020 tax return that you filed with TurboTax.
It normally takes the IRS 16 weeks to process an amended return. But they are severely backlogged this year, so expect it to take much longer than that.
Don't file the amended return until your first return has been accepted and you have received the original refund.
Yes you need to amend to add the K-1 to your personal return. See the link above.
To enter a K-1 go to
Federal Taxes Tab or Personal (Home & Business version)
Wages and Income
Then scroll way down to Business items
Schedules K-1, Q - Click the Start or Update button
Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S
Enter each k-1 separately.
there doesn’t seem to be an option to file a K-1.
The tag below your original question indicates that you are using TurboTax Deluxe Online. TurboTax Deluxe Online does not support Schedule K-1. To enter the K-1 you will have to upgrade to Premier or Self-Employed, or switch to any edition of the CD/Download TurboTax software.
In any version of TurboTax that supports Schedule K-1, another way to get to the right place to enter it is to type k-1 in the Search box, then click the link that says "Jump to k-1."