Solved: Filing trust tax for first time: "Turbo Tax Business" OR "Home and Business"
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lak_Mass
New Member

Filing trust tax for first time: "Turbo Tax Business" OR "Home and Business"

I am filing taxes on a trust for the first time.  They are relatively simple.  Can I use turbo tax "home and business" or do I have to buy the very expensive "Turbo Tax Business" (which looks like it only runs as download on a PC and I am a Mac person)?
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Accepted Solutions
AnthonyC
Level 7

Filing trust tax for first time: "Turbo Tax Business" OR "Home and Business"

You will need TurboTax Business to file a return for a trust (Form 1041).  Home and Business is for Schedule C filers for Form 1040 and the appropriate trust forms are not a part of this program.

Unfortunately, this program is a Windows only program.  You could try using emulation software such as Parallels for MAC (some people do report successfully running the program with this software), but we can make no guarantees that the program will work running with that type of set up and you will not get tech support if you do.

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1 Reply
AnthonyC
Level 7

Filing trust tax for first time: "Turbo Tax Business" OR "Home and Business"

You will need TurboTax Business to file a return for a trust (Form 1041).  Home and Business is for Schedule C filers for Form 1040 and the appropriate trust forms are not a part of this program.

Unfortunately, this program is a Windows only program.  You could try using emulation software such as Parallels for MAC (some people do report successfully running the program with this software), but we can make no guarantees that the program will work running with that type of set up and you will not get tech support if you do.

View solution in original post

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