Form 1041, U.S. Income Tax Return for Estates and Trusts, is required if the estate generates more than $600 in annual gross income. For more information, please see this IRS article: Deceased Taxpayers – Filing the Estate Income Tax Return, Form 1041
For an estate/trust return (1041) 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 business 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.
