Using TT Business 1041 including needed schedules

[Patty5045]

Does TT Business include 1041, Schedule B, Schedule D for 1041, and Schedule E?

[tagteam]

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@Patty5045 wrote:

Does TT Business include 1041, Schedule B, Schedule D for 1041, and Schedule E?

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Yes, it does but note that Schedule B is part of Form 1041.

[Patty5045]

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.

[Patty5045]

Do I need TT Home and Business? 

[tagteam]

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@Patty5045 wrote:

Do I need TT Home and Business? 

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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.

[Patty5045]

Thanks.  Again, just want to make sure that there is a Schedule E for the 1041 using TT Business. 

[tagteam]

Yes, there is.

[Patty5045]

Thank you, this helps!