☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Jun 5, 2019 5:58:40 PM

I am doing my family 2016 Grantor trust tax return.Could not find Schedule E in TT Business 2016. Does 2016 TT Business include Schedule E???

0 1 626
1 Best answer
Level 15
Jun 5, 2019 5:58:42 PM

"Does 2016 TT Business include Schedule E???"

Yes, the Form 1041 module of TurboTax Business does include Schedule E (see first screenshot).

However, if you are preparing a 1041 for a grantor trust, you will only see a Grantor Information Statement on which you will enter income, deductions, and credits (see second screenshot); there will be no Schedule E with your 1041.

1 Replies
Level 15
Jun 5, 2019 5:58:42 PM

"Does 2016 TT Business include Schedule E???"

Yes, the Form 1041 module of TurboTax Business does include Schedule E (see first screenshot).

However, if you are preparing a 1041 for a grantor trust, you will only see a Grantor Information Statement on which you will enter income, deductions, and credits (see second screenshot); there will be no Schedule E with your 1041.