topic Re: 1041 in Get your taxes done using TurboTax

1041

Thomas westlake — Fri, 14 May 2021 15:53:52 GMT

do I need a different turbo tax to do a trust 1041?

Re: 1041

VolvoGirl — Fri, 14 May 2021 16:01:11 GMT

Yes. You need Turbo Tax Business.

The small business program (TT Business) is for 1120 Corporation, 1120S Corp, 1065 Partnership or 1041 Estate/Trust returns and will not do your personal 1040 return. It is a separate program from the Desktop Home & Business program or the Online Self Employed version.

Turbo Tax Business is not available to do online or on a Mac. You can buy the Window's version here. And you can have both TT Business and TT Home & Business (or any personal version) installed on your computer at the same time.

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

Desktop Windows System Requirements

https://ttlc.intuit.com/community/system-requirements/help/minimum-system-requirements-for-turbotax-windows-software/00/26175

Re: 1041

DoninGA — Fri, 14 May 2021 16:01:26 GMT

A Form 1041 can only be completed using the TurboTax Business Edition - https://turbotax.intuit.com/small-business-taxes/

The Business Edition can only be installed on a Windows based personal computer, not on a Mac or online.

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