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New Member
posted Dec 9, 2020 6:43:30 AM

Does the 2020 TurboTax Business software address filing a 1041 return for a Trust with a 3/31/2021 fiscal year end?

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1 Best answer
Level 15
Dec 9, 2020 7:47:18 AM

Yes, the 2020 edition of TurboTax Business supports filing a 1041 for a fiscal year that ends in 2021. 

4 Replies
Level 15
Dec 9, 2020 7:47:18 AM

Yes, the 2020 edition of TurboTax Business supports filing a 1041 for a fiscal year that ends in 2021. 

Level 1
Aug 17, 2021 3:19:32 PM

Similar, but slightly different.  Will 2020 TurboTax Business software address filing a 1041 return for a Trust with a 10/31/2021 fiscal year end?  Thanks.

Level 15
Aug 17, 2021 3:22:47 PM

Yes  

Level 15
Aug 17, 2021 3:23:39 PM

@conlodr 

 

Yes. TurboTax Business can be used to prepare a 1041 for a trust with a fiscal year that begins in 2020 and ends in 2021.