topic how to start a form 1041 in Business version in Get your taxes done using TurboTax

how to start a form 1041 in Business version

Don222 — Tue, 10 Feb 2026 11:20:58 GMT

Hello,

I can't seem to find form 1041 and Turbo Tax never prompts me for the question re trusts.

How can I start a 1041 and have the K-1 forms generated?

Thanks

Re: how to start a form 1041 in Business version

DoninGA — Sun, 18 Feb 2024 20:00:12 GMT

The TurboTax personal Home & Business edition does not support IRS Form 1041.

To complete and file a Form 1041 you will need to purchase the TurboTax Business Edition - https://turbotax.intuit.com/small-business-taxes/cd-download/

The Business Edition cannot be used to complete a personal tax return, Form 1040.

Re: how to start a form 1041 in Business version

LeticiaF1 — Sun, 18 Feb 2024 20:02:17 GMT

As DoninGa mentioned, you'll need TurboTax Business to file Form 1041, as the personal versions of TurboTax don't support this form. After you install TurboTax Business and begin working on your return, you'll be asked which type of return you need to prepare. Select Trust or Estate return (Form 1041) and proceed.

The program will guide you through the return and will generate the trust beneficiaries' Schedule K-1 forms, which the beneficiaries then report on their personal tax returns.

@Don222

Re: how to start a form 1041 in Business version

Don222 — Mon, 19 Feb 2024 14:09:00 GMT

Thank you.

Re: how to start a form 1041 in Business version

Thomasbell101851 — Thu, 09 Jan 2025 15:36:13 GMT

I am a trustee. Can I electronically file the 1041?

Re: how to start a form 1041 in Business version

DawnC — Tue, 14 Jan 2025 20:55:28 GMT

Yes, Form 1041 and most of the related schedules can be electronically filed. You'll need TurboTax Business to file Forms 1041, but not every Form 1041 needs to be filed. Do I need to file Form 1041?

@Thomasbell101851