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Business & farm
"I able to download information from brokerage firms directly as I can do with 1040"
No. TurboTax Business is only capable of importing data from QuickBooks and, even then, it is not capable of doing so in the Form 1041 (estate/trust) module of the program.
Information from tax reporting forms, such as 1099s, needs to be entered manually.
‎June 5, 2019
4:01 PM