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Level 3
posted Feb 22, 2022 8:25:14 PM

1116 Schedule B for a 1041 Trust return

Is TurboTax Business going to add the new Schedule B for the 1116 form for 1041 Trust returns?    What date will it be available?


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3 Replies
Level 15
Feb 23, 2022 7:06:25 AM

The Schedule does not appear in the list of forms.

 

See https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotaxbusiness_fed_windows_fiduciary.html

 

Intuit's professional tax software includes the schedule but, apparently, the form has to be printed as a separate PDF and attached to the return at this point. For TurboTax Business that would mean the return would have to be printed and mailed.

Level 3
Mar 10, 2022 10:40:41 PM

So is Intuit going to add the Schedule B to Form 1116 in TurboTax  Business, since the Schedule B has been added to the 1040 tax software?

Level 15
Mar 11, 2022 6:36:27 AM

That is not all.

 

See https://proconnect.intuit.com/community/lacerte-tax-idea-exchange/1041-form-1116-schedule-b/idi-p/202671