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New Member
posted Oct 15, 2019 8:50:11 AM

1041 from Turbo Tax

I have been using Turbo Tax Home and Business Edition (CD version) for 10+ years.  Early this year  my father passed away.  His very small estate Little bit of cash, 70K stocks and Home was put in estate while in probate.  Probate is over and I am told I need to file 1041 estate tax report for the 4 months it existed. An accountant wants $500-700 to do this.  There is so little to it I would like do 1041 myself.  I looked and Home and Business does not seem have the 1041 included.  So I need to get the Full Business.  If so which version do I need, 2018 or 2019.  If 2018 can I upgrade my 2018 Home and Business (would not mind saving a few buck).  If 2019 is it even available yet.  Any advise would be helpful.  Thanks in advance.

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2 Replies
Level 15
Oct 15, 2019 9:00:21 AM

You need to buy a separate version for each year.   Sounds like you need the 2019 version that should come out in November.  No, sorry  you can not just upgrade Home & Business to the separate Business program.  So you will need both.

Level 15
Oct 15, 2019 11:28:31 AM

If the estate had less then $600 income in the short 4 months it existed then no tax return is required.