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New Member
posted Jun 4, 2019 3:01:42 PM

I need to change my turbotax package. I need to also file form 1041's

How do I change my turbotax package?

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1 Best answer
Level 15
Jun 4, 2019 3:01:43 PM

"I need to also file form 1041's"

You do not need to change your tax package, you need to add TurboTax Business (link below).

TurboTax Business can be used to prepare and file a Form 1041, but it cannot be used to prepare your personal income tax return (e.g., 1040); the program only does income tax returns for entities, such as trusts or estates.

Also note, that TurboTax Business must be installed and run on your computer in a Windows environment; there is no online or Mac version of the product. Further, you still need a TurboTax personal income tax return preparation product for your personal tax return.

https://turbotax.intuit.com/small-business-taxes/

1 Replies
Level 15
Jun 4, 2019 3:01:43 PM

"I need to also file form 1041's"

You do not need to change your tax package, you need to add TurboTax Business (link below).

TurboTax Business can be used to prepare and file a Form 1041, but it cannot be used to prepare your personal income tax return (e.g., 1040); the program only does income tax returns for entities, such as trusts or estates.

Also note, that TurboTax Business must be installed and run on your computer in a Windows environment; there is no online or Mac version of the product. Further, you still need a TurboTax personal income tax return preparation product for your personal tax return.

https://turbotax.intuit.com/small-business-taxes/