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Bill-777_
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Trust Taxes

I would like to do my Trust tax returns using TurboTax Business if possible this year. I have a few questions. 1- I see Turbo Tax Business has form 1041 listed which is what I will fill out. I doesn't list form K-1 which I will also need and is common. Does the program complete the K-1 and generate it? If I want to use the assistance service for the business software does it support trust returns?

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2 Replies

Trust Taxes

Yes it does the K-1 for you.   The Desktop Business program doesn't have the extra assistance.  But there is a new Live Assisted or Full Service for Business returns.  It's not part of the Business Desktop program but is a separate service

TurboTax® Business Online 2023-2024

Trust Taxes

Scratch that.  Looks like the live & full service is only for business returns, not trusts.  So you're on your own using the Desktop program.  You can post questions in the forum.  

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