You'll need to sign in or create an account to connect with an expert.
Yes, you can file your trust tax return Form 1041 with TurboTax. However, you will need to purchase TurboTax Business CD/ desktop version do so, which is a separate product from the personal taxes editions.
Yes, you can file your trust tax return Form 1041 with TurboTax. However, you will need to purchase TurboTax Business CD/ desktop version do so, which is a separate product from the personal taxes editions.
@LinaJ2018 The TurboTax Home & Business product page, Forms section, lists 1041 and K-1. It appears that this version can also file those forms. Please clarify. I need to file for domestic trusts (ex. Marital Trust) and need to generate K-1s.
No. The Home & Business version can only enter a K-1 you get from a trust return into your personal return.
You need Turbo Tax Business.
The small business program (TT Business) is for 1120 Corporation, 1120S Corp, 1065 Partnership or 1041 Estate/Trust returns and will not do your personal 1040 return. It is a separate program from the Desktop Home & Business program or the Online Self Employed version.
Turbo Tax Business is not available to do online or on a Mac. You can buy the Window's version here. And you can have both TT Business and TT Home & Business (or any personal version) installed on your computer at the same time.
https://turbotax.intuit.com/small-business-taxes
Desktop Windows System Requirements
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
jordygoneham
New Member
devi-sanjeeta-ym
New Member
Krystal81
New Member
CrowleyCentral
New Member
Mojo-6
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.