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Level 2
January 30, 2025
Question

Does TT Deluxe work for trust accounts?

  • January 30, 2025
  • 4 replies
  • 32 views
My father died in 2024 and I need to file for his Trust account. I have used TT Deluxe fir my personal taxes in the past. Will it also work for his final Fed Tax filing and the filing for his Trust account?

    4 replies

    Mike9241
    Level 15
    Level 15
    January 30, 2025

    to create trust return you need Tutbotax Busines.

    https://turbotax.intuit.com/small-business-taxes/cd-download/ 

    Mike9241
    Alumni - Intuit
    January 30, 2025

    No.  You cannot file a Form 1041 - Income Tax Return for Estates and Trusts using TurboTax Deluxe.   You will need TurboTax Business which is a desktop software you download.  For more information and to purchase/download TurboTax Business go to:  TurboTax Desktop Business 2024

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    varkbaitAuthor
    Level 2
    January 30, 2025

    Can I do my Personal Return with TT Business? Will TT Home and Business do both?

    Alumni - Intuit
    January 30, 2025

    No, you must do your personal taxes using the appropriate personal tax return preparation product. The Trust return is done using the Business product.

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