647423
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

What Turbo Tax version do I need to file for a trust. The trust has it's own tax ID number and I need K-1s to be generated? NO state filing is needed?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

What Turbo Tax version do I need to file for a trust. The trust has it's own tax ID number and I need K-1s to be generated? NO state filing is needed?

"What Turbo Tax version do I need to file for a trust."

In order to file an income tax return for a trust, you need TurboTax Business.

Note that TurboTax Business cannot be used to prepare an individual income tax return, it is for entities only (e.g, partnerships, corporations, estates/trusts), and the software must be installed and run in a Windows environment; there is no Online or Mac version of the product.

You can purchase TurboTax Business at the link below or from an authorized reseller.

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

View solution in original post

1 Reply

What Turbo Tax version do I need to file for a trust. The trust has it's own tax ID number and I need K-1s to be generated? NO state filing is needed?

"What Turbo Tax version do I need to file for a trust."

In order to file an income tax return for a trust, you need TurboTax Business.

Note that TurboTax Business cannot be used to prepare an individual income tax return, it is for entities only (e.g, partnerships, corporations, estates/trusts), and the software must be installed and run in a Windows environment; there is no Online or Mac version of the product.

You can purchase TurboTax Business at the link below or from an authorized reseller.

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

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question