Schedule B Form 1116 for a 1041 TRUST return

Forum|Forum|4 years ago
March 15, 2022
1 reply
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When will the required Schedule B for Form 1116 get added to TurboTax Business for 1041 TRUST returns? The forms availability doesn't even mention it. If TT Business doesn't support the required Schedule B then it doesn't support Form 1116 either. Here's the link to your fiduciary forms list. https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotaxbusiness_fed_windows_fiduciary.html

TurboTax Business Windows

99sc2

Level 3

@mtp79 I hear you! I have the same issue, and the TT Support people keep sending me the link to the individual forms! I don't think they know what the word "fiduciary" means! I hear that TaxAct has the Schedule B for Form 1116 in their 1041 Trust returns. I should have bought that instead of TT.

mtp79Author

Level 3

@99sc2 I don't understand how it can be available in the individual software, but not trusts. We pay a lot of money for TT Business! I'm going to have to look at the TaxAct program and get a refund from TT. Intuit is misleading people by saying that TT Business supports Form 1116 when it does not!