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Level 1
February 2, 2026
Solved

1041 and 1040

  • February 2, 2026
  • 1 reply
  • 38 views

I formed a Trust this year.  Do I have to file both a 1040 and 1041?  I received an EIN number for the trust and was told I needed to file a 1041 this year.

    Best answer by DoninGA

    Expert Reviewed

    Yes, you have to file a Form 1041 for the trust and a Form 1040 for your personal income and expenses.

     

    The Form 1041 can only be completed and filed using the TurboTax Business Edition.  The Business Edition can only be installed on a Windows based computer, not online or on a Mac.  The Business Edition cannot be used to complete a personal tax return, Form 1040.

    Go to this website to purchase and download the Business Edition - https://turbotax.intuit.com/small-business-taxes/cd-download/

    1 reply

    DoninGA
    Level 15
    DoninGALevel 15Answer
    Level 15
    February 2, 2026

    Expert Reviewed

    Yes, you have to file a Form 1041 for the trust and a Form 1040 for your personal income and expenses.

     

    The Form 1041 can only be completed and filed using the TurboTax Business Edition.  The Business Edition can only be installed on a Windows based computer, not online or on a Mac.  The Business Edition cannot be used to complete a personal tax return, Form 1040.

    Go to this website to purchase and download the Business Edition - https://turbotax.intuit.com/small-business-taxes/cd-download/