How do I enter to tax year for estate tax return?
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aliceb777
New Member

How do I enter to tax year for estate tax return?

Estate tax return for my dad.  Date Death 12/3/2016.  ClosingAcctg Year 11/30/2017. IRS notice says I need to file Form 1041 by 3/15/2018.   Final distribution done 8/2017.  Initial and final return at same time. Return is saying 12/3/2017 to 11/30/2018 tax year.  How do I fix it so it is 12/3/2016 to 11/30/2017 tax year?

1 Reply
tagteam
Level 15

How do I enter to tax year for estate tax return?

" How do I fix it so it is 12/3/2016 to 11/30/2017 tax year?"

Unfortunately, you can't fix it since you should actually be using a 2016 return for a fiscal year that started in 2016 and, hence, should be using the 2016 version of TurboTax Business.

See https://www.irs.gov/instructions/i1041#idm140433969713488

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