https://ttlc.intuit.com/community/taxes/discussion/re-tax-software/01/2792141#M1029969 <P>No, unless any of the following are true. You must file Form 1041 for a trust that has:</P> <UL> <LI>Any taxable income for the tax year,</LI> <LI>Gross income of $600 or more (regardless of taxable income), or</LI> <LI>A beneficiary who is a nonresident alien.</LI> <LI>If you held a qualified investment in a qualified opportunity fund (QOF) at any time during the year, you must file your return with Form 8997 attached.</LI> </UL> <P>If you are required to file Form 1041, you will need <A href="https://turbotax.intuit.com/small-business-taxes/" target="_self">TurboTax Business</A>. However,&nbsp;<A href="https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-product-orders/turbotax-need-file-return-trust/L8SuK8DZR_US_en_US?uid=lak1vmyc" target="_self"><SPAN>TurboTax Business is a Windows-only software program available as a CD or download.</SPAN></A></P> <P>&nbsp;</P> Wed, 16 Nov 2022 19:48:38 GMT HollyP 2022-11-16T19:48:38Z https://ttlc.intuit.com/community/taxes/discussion/tax-software/01/2791392#M1029968 <P>I have money invested, that is in an irrevocable trust, do I have to file a tax return if no money was made on the investment? If I do, what kind of software will I need for my macOS Monterey?</P> Tue, 10 Mar 2026 06:59:13 GMT https://ttlc.intuit.com/community/taxes/discussion/tax-software/01/2791392#M1029968 rjoy5 2026-03-10T06:59:13Z https://ttlc.intuit.com/community/taxes/discussion/re-tax-software/01/2792141#M1029969 <P>No, unless any of the following are true. You must file Form 1041 for a trust that has:</P> <UL> <LI>Any taxable income for the tax year,</LI> <LI>Gross income of $600 or more (regardless of taxable income), or</LI> <LI>A beneficiary who is a nonresident alien.</LI> <LI>If you held a qualified investment in a qualified opportunity fund (QOF) at any time during the year, you must file your return with Form 8997 attached.</LI> </UL> <P>If you are required to file Form 1041, you will need <A href="https://turbotax.intuit.com/small-business-taxes/" target="_self">TurboTax Business</A>. However,&nbsp;<A href="https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-product-orders/turbotax-need-file-return-trust/L8SuK8DZR_US_en_US?uid=lak1vmyc" target="_self"><SPAN>TurboTax Business is a Windows-only software program available as a CD or download.</SPAN></A></P> <P>&nbsp;</P> Wed, 16 Nov 2022 19:48:38 GMT https://ttlc.intuit.com/community/taxes/discussion/re-tax-software/01/2792141#M1029969 HollyP 2022-11-16T19:48:38Z