LeticiaF1
Expert Alumni

Get your taxes done using TurboTax

As DoninGa mentioned, you'll need TurboTax Business to file Form 1041, as the personal versions of TurboTax don't support this form.  After you install TurboTax Business and begin working on your return, you'll be asked which type of return you need to prepare. Select Trust or Estate return (Form 1041) and proceed.

 

The program will guide you through the return and will generate the trust beneficiaries' Schedule K-1 forms, which the beneficiaries then report on their personal tax returns.

 

@Don222