Need to file Form 1041 & Schedule K-1's as Simple Trust Trustee. I have upgraded to 2019 Home & Business. how do I access this form and the associated entries?

[allightle]

I need to file Form 1041 & Schedule K-1's as the Trustee of a Simple Trust. I have upgraded to the 2019 Home & Business version (from Deluxe). How to I start the 1041 process?

[DavidD66 · Accepted solution]

You cannot prepare and file a Form 1041 (and related K-1s) in TurboTax Home & Business.  It is a personal tax return program that includes Schedule C for Self-Employment.  You need TurboTax Business.  For more information, and to purchase a download or a disk, go to: TurboTax Business

[mponchur]

Need to file Form 1041 & Schedule K-1's as Simple Trust Trustee. I have upgraded to 2019 Home & Business. how do I access this form and the associated entries?

[mponchur]

Need to file Form 1041 & Schedule K-1's as Simple Trust Trustee. I have upgraded to 2019 Home & Business. how do I access this form and the associated entries?

[mponchur]

Need to file a tax return for a Family Trust. I have upgraded to 2019 Home & Business. how do I access this form and the associated entries?

[VolvoGirl]

@mponchur   Sorry you can't use Home & Business.

You need Turbo Tax Business.

The small business program (TT Business) is for 1120 Corporation, 1120S Corp, 1065 Partnership or 1041 Estate/Trust returns and will not do your personal 1040 return.   It  is a separate program from the Desktop Home & Business program or the Online Self Employed version.

Turbo Tax Business  is not available to do online or on a Mac.  You can buy the Window's version here.  And you can have both TT Business and TT Home & Business (or any personal version) installed on  your computer at the same time.

https://turbotax.intuit.com/small-business-taxes

Buy the prior year Business downloads here   

https://turbotax.intuit.com/personal-taxes/past-years-products/