Is TurboTax Business the correct version if final trust distributions were completed in 2020?
I think there will be almost no 2020 income, but I want to issue final K1 documents to the beneficiaries. Is TurboTax Business the correct version? I expect this to be the final trust tax return.
thx
01395
1 Best answer
Anonymous_
Level 15
Jan 15, 2021 3:01:23 PM
It would be the correct version if the trust's tax year ends in 2020 and to file a final return for the 2020 tax year.
1 Replies
Anonymous_
Level 15
Jan 15, 2021 3:01:23 PM
It would be the correct version if the trust's tax year ends in 2020 and to file a final return for the 2020 tax year.