My question is very narrow: whether or not I can use the current (2020) version of TurboTax Business to do a 1041 (and K-1s) in mid 2021, or if I need to wait until 2021 for the next version.
A relative passed away in 2021 and assets transitioned into an irrevocable Trust. I am the Trustee, and will have all assets distributed within a few months. I will have all basis info (cost basis, income, etc) to close this out by mid 2021. I'm a long-time personal TurboTax user and plan to purchase the required Business version to do 1041 and K-1s.
Can I buy/download the existing Business version and get this done for the Trust sooner than later, or will I need to wait until the next version comes out for 2021?
To be clear here, I am NOT asking about the relative's personal taxes from before the date of death.
