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New Member
posted Apr 10, 2024 4:19:15 PM

I already submitted my personal return. can i use my account to file a family trust return also?

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3 Replies
Expert Alumni
Apr 10, 2024 4:22:53 PM

No.  This return must be filed using TurboTax Business (Form 1041). Personal returns cannot use the same software to prepare an estate return.

New Member
Apr 11, 2024 12:36:41 PM

Hello and thank you for the quick answer! So this trust, my parents are both alive and there have been no distributions of any kind. Are you saying that the trust itself has to file a return, using Form 1041 via Turbo Tax business? 

Employee Tax Expert
Apr 11, 2024 12:41:57 PM

It depends on the type of trust. For living trusts, expenses/deductions are reported on personal return. 

 

Which TurboTax do I need to file a return for a trust?