Form 1041. Trust return. I have business expenses. (162). On which line of the form do I deduct them?
Turbotax for Business, Trust return, not the final year of the trust. Where do I deduct office expenses, cost of Turbotax, postage, etc? Which line of form 1041?
Form 1041. Trust return. I have business expenses. (162). On which line of the form do I deduct them?
@leisinger wrote: Turbotax for Business, Trust return, not the final year of the trust. Where do I deduct office expenses, cost of Turbotax, postage, etc? Which line of form 1041?
In connection with a business owned by the trust? Is the trust the sole owner of the business?
If so, you will have to resort to Forms Mode and complete a Schedule C.
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