I just purchased Turbo Tax Business for 2017 so that I could file a Form 1041 for an Irrevocable Trust that I inherited. Turbo Tax help advises that the program will ask me for the type of return I am filing and at that point, I am supposed to enter Estate and Trust Income Tax Return, but it is not asking me this question. HOW DO I FILE AN ESTATE AND TRUST INCOME TAX RETURN USING TURBO TAX BUSINESS????? The program shows no Form 1041 in it at all. Please help!!!
Install your Business software, then select File, New Tax Return. The program will ask you what kind of return do you need to prepare at the very beginning.
This is not what the options show. I have the the Turbo Tax for Home and Business. The only options that are shown are:
1. Start a new Individual Tax Return
2. Prepare W2s and 1099s for my employees or Contractors.
The TurboTax Business program that you have is not available on the website for purchase. Where do I purchase that program?
Unfortunately, you will need to purchase TurboTax Business, a different type of program from TurboTax Home & Business. The version you have can be used to file personal tax returns for those who are self-employed, but not for partnership, corporations, or trusts.
Form 1041 for a Trust tax return, can only be found in TurboTax Business.