Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 3
posted Feb 20, 2022 5:07:51 PM

I need to report farm income on a 1041 but cannot figure out how to add a 1040F to the 1041 in turbotax business

I am a first time Turbotax 1041 filer (but have filed 1041s for 33 years manually.   Our trust has farm income and I have always filed a 1040F with the 1041.  I cannot figure out how to add Form 1040F to the Turbotax Business 1041 I am working on.  

0 4 879
4 Replies
Level 15
Feb 20, 2022 5:13:08 PM

The schedule is available but you will have to complete it entirely in Forms Mode.

Level 3
Feb 20, 2022 5:21:28 PM

I appreciate the prompt response but need a little further guidance on using Forms Mode in Turbotax business.

 

I used the Form tab but all that was listed were the forms I have already created under the 1041, i.e. Schedules E, I and the K-1s.   I did not see a way to add a new form?

Level 15
Feb 20, 2022 5:23:58 PM

Click the Open Form icon and the list of forms box will open.

 

Level 3
Feb 20, 2022 5:37:29 PM

Many thanks, worked like a charm.  I have added the form to the return and will work on it tomorrow.  I am surprised no other newbie had asked that question before.  Your answer was clear and precise especially with the screen shot.