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Can TurboTax (Business for Trusts) for Trust return import trust’s 1099 income like TT (Home & Bus) for an individ? Allows financial institution selection NO data import

 
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3 Replies
CatinaT1
Expert Alumni

Can TurboTax (Business for Trusts) for Trust return import trust’s 1099 income like TT (Home & Bus) for an individ? Allows financial institution selection NO data import

You can not import into business returns.

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Can TurboTax (Business for Trusts) for Trust return import trust’s 1099 income like TT (Home & Bus) for an individ? Allows financial institution selection NO data import

Thanks for the response. This seems like a major issue. If the data can be imported into TurboTax Home & Business the same feature should be available for TurboTax Business. I purchased the software to so a Trust return, but I won’t purchase this software next year if this feature isn’t available. 

Can TurboTax (Business for Trusts) for Trust return import trust’s 1099 income like TT (Home & Bus) for an individ? Allows financial institution selection NO data import

Have you found other tax prep software for trusts that can import 1099s from financial institutions?

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