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Returning Member
posted Mar 10, 2020 9:18:15 AM

Can I figure a trust return with home & business version?

I have the home & business version of turbo tax.  how do I get the form 1041 to to file the return?

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1 Best answer
Level 15
Mar 10, 2020 9:29:30 AM

@azowenverizon wrote:
I have the home & business version of turbo tax.  how do I get the form 1041 to to file the return?

If you need to prepare a 1041 for an estate or trust, you need TurboTax Business, which can only be used to prepare income tax returns for entities; the program does not do income tax returns for individuals. Further, there is no online nor Mac version; it must be installed and run in a Windows environment.

 

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

1 Replies
Level 15
Mar 10, 2020 9:29:30 AM

@azowenverizon wrote:
I have the home & business version of turbo tax.  how do I get the form 1041 to to file the return?

If you need to prepare a 1041 for an estate or trust, you need TurboTax Business, which can only be used to prepare income tax returns for entities; the program does not do income tax returns for individuals. Further, there is no online nor Mac version; it must be installed and run in a Windows environment.

 

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