topic Re: Trusts in Get your taxes done using TurboTax

Trusts

cobutcher — Wed, 30 Oct 2024 23:03:14 GMT

Does Turbo Tax do 1041 for a trust? I am the successor trustee. Craig

Re: Trusts

xmasbaby0 — Wed, 30 Oct 2024 23:06:29 GMT

For a trust return you will need TurboTax Business on a Windows computer.

Re: Trusts

Anonymous_ — Fri, 13 Dec 2024 22:51:18 GMT

Re: Trusts

evelynm — Wed, 30 Oct 2024 23:10:18 GMT

Yes. You will need TurboTax Business to file Form 1041. The personal versions of TurboTax do not 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.

Here is the link: TurboTax Business

Also, this guide should provide further details about trust taxes: Video-guide-to-a-fiduciary-income-tax-return