Final Trust Return 1041

kwelch0424 · ‎January 25, 2026

I am filing a final 1041 for mom who passed in 2025. She received K-1 stmts from her trust for her personal return. In TT do I delete her name as beneficiary and add my siblings since we received money from her estate?

PatriciaV

Unless the trust was changed to admit her children as beneficiaries, you would not change the beneficiary information on the final trust return. Note that the final distribution from the trust is paid to the existing beneficiary, your mother. The funds then flow into her estate and eventually to her heirs.

Be sure to mark this as the final return in TurboTax Business under General Info >> About Your Trust or Estate. Edit the first line "Is filing its final return" to say "yes."

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"