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Level 3
posted Mar 14, 2022 7:06:40 PM

Schedule B Form 1116 for a 1041 TRUST return

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

 

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3 Replies
Level 3
Mar 14, 2022 7:16:03 PM

@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.

 

Level 3
Mar 14, 2022 9:32:34 PM

@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!

Level 3
Mar 15, 2022 11:39:29 AM