I am contemplating using turbo tax business edition for a trust. My understanding that the Business Edition is what i need to purchase for an IRS form 1041. I am the executor and this is the 1st year that I will be filing. My question is "does the turbo tax downloaded business edition let me file electronically, or will I have to US mail it?" Can I also purchase for an individual state? Before purchasing, I would like to understand these answers.
Thanks,
You will almost certainly be able to e-file the trust's federal income tax return (1041), unless there is something extremely unusual.
However, the selection of state returns is limited and, further, some state returns are print only. Refer to the link below for information on your state.
You will almost certainly be able to e-file the trust's federal income tax return (1041), unless there is something extremely unusual.
However, the selection of state returns is limited and, further, some state returns are print only. Refer to the link below for information on your state.