Irene2805
Expert Alumni

Get your taxes done using TurboTax

It should.  You will have to file a 1041 Income Tax Return for Estates and Trusts since your father's estate had gross income of over $600.  In addition to the $850 interest income, you should include any other income generated after your father's death as well as all expenses (including those paid to the probate attorney).

 

For an estate (1041) return you will need TurboTax Business.  You can visit the following link to purchase the program: TurboTax Business. 

 

TurboTax will take you through an interview to prepare the estate return, similar to the personal (1040) products.  As part of preparing the 1041 return, TurboTax will prepare K-1 forms for each beneficiary.  You will need to enter the information from the K-1 into your personal 1040 return.

 

 

I am so sorry for your loss!