Does TT Business include 1041, Schedule B, Schedule D for 1041, and Schedule E?
You'll need to sign in or create an account to connect with an expert.
@Patty5045 wrote:
Does TT Business include 1041, Schedule B, Schedule D for 1041, and Schedule E?
Yes, it does but note that Schedule B is part of Form 1041.
Thank you. I believe I was told by TurboTax that I could not use business version for rental income, which would be on schedule E so I just wanted to make sure that there would be a schedule for the 1041.
Do I need TT Home and Business?
@Patty5045 wrote:
Do I need TT Home and Business?
Not for a 1041, but TurboTax Business does not support the preparation of your personal income tax return (Form 1040).
You would need a different TurboTax product, such as Home & Business, to prepare your 1040 and TurboTax Business to prepare your 1041.
Thanks. Again, just want to make sure that there is a Schedule E for the 1041 using TT Business.
Yes, there is.
Thank you, this helps!
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
DoDesign
Level 1
Osprey
New Member
Pazzy
Level 2
bruce93
Level 2
DGV80
Returning Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.