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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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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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1 Reply
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.

 

View solution in original post

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