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Get your taxes done using TurboTax
Let's start at the beginning. Do you need to prepare the Trust 1041 return? Or enter a K-1 you received from the Trust?
There are 2 different programs, Turbo Tax Business and Turbo Tax Home & Business. Home & Business is just for personal 1040 returns that need schedule C for self employment business income. You can enter a 1041 schedule K-1 you received into H&B. But not prepare a 1041 return.
‎April 11, 2021
1:41 PM