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when filing taxes for a special needs trust, is it a personal business?

I am the trustee for my child's special needs trust. This is my first year filing. On Turbo Tax, how do I complete the forms for the trust?
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Vanessa A
Expert Alumni

when filing taxes for a special needs trust, is it a personal business?

No.  A trust is not a business, but you do need to use the business version of TurboTax to file the return for the trust.

Using TurboTax Business, you will file form 1041 which is the tax return for estates and trusts.  Be sure you get BUSINESS and not home and business. 

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