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Get your taxes done using TurboTax
According to the IRS forms availability table for TurboTax Business FAQ, those forms are estimated to be available sometime 2/11/2021.
The purpose of Form 1041 is for the fiduciary of a domestic decedent's estate, trust, or bankruptcy estate to report:
• The income, deductions, gains, losses, etc. of the estate or trust;
• The income that is either accumulated or held for future distribution or distributed currently to the beneficiaries;
• Any income tax liability of the estate or trust;
• Employment taxes on wages paid to household employees; and
• Net Investment Income Tax.
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February 10, 2021
10:37 AM