That is correct. TurboTax Business is for doing tax returns for non-living non-breathing separately taxable entities. For example, Partnerships, C-Corps, S-Corps, Estates, and Trusts. TurboTax Business does not include the 1040 required for a personal tax return of any type for a living, breathing person.
So you would need to purchase TurboTax Business for the 1041 Trust return. Then another version/flavor for your personal taxes. Depending on how the trust is set up, the trust return may need to be completed and filed first before any tax return of a person that benefited from the trust in the tax year. That's because the trust would issue the appropriate tax reporting document *if required* to any recipient that benefited from that trust.
There are many types of trusts, and just as many ways a trust can be set up. But while I myself have never dealt with a 1041 Trust Return, it's my understanding that TurboTax Business can handle practically all types and flavors of trusts.
Finally, note that TurboTax Business is not available as an on-line product or for MACs. It's for the Windows operating system platform only.
