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59tango
Level 1

I bought Turbotax Premier thinking it could handle form1041 for a small trust. How can I upgrade Premier to the version I need to do trusts?

What is the lowest cost way to upgrade Premier to Business so I can do a return for a small trust
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‎March 8, 2021 1:15 PM
last updated ‎March 08, 2021 1:15 PM
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rjs
Level 15
Level 15

I bought Turbotax Premier thinking it could handle form1041 for a small trust. How can I upgrade Premier to the version I need to do trusts?

TurboTax Business is not an upgrade from Premier. It's a completely separate product. You just have to buy TurboTax Business. But you still need Premier for your personal Form 1040 tax return. TurboTax Business cannot do your personal tax return.

 

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‎March 8, 2021 1:22 PM
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rjs
Level 15
Level 15

I bought Turbotax Premier thinking it could handle form1041 for a small trust. How can I upgrade Premier to the version I need to do trusts?

TurboTax Business is not an upgrade from Premier. It's a completely separate product. You just have to buy TurboTax Business. But you still need Premier for your personal Form 1040 tax return. TurboTax Business cannot do your personal tax return.

 

‎March 8, 2021 1:22 PM
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