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What is the process for obtaining and completing CA-541?

IRS 1041 seems to be included in TurboTax Business the way IRS 1040 is with the home products. Likewise CA-541 seems to be an add on just as state tax is an add on to the home products. Unlike the home case though, it sounds as if the state forms have to be obtained (i.e. purchased) one at a time.

How straightforward is the process of getting and completing CA-541 (and whatever additional forms as schedules are needed)? I am prepared to paper file, but I want to make sure the process of completing the forms will be manageable because going with a CPA will cost a lot more than DIY (assuming I can find one with an open calendar in the first place).

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1 Reply
PatriciaV
Employee Tax Expert

What is the process for obtaining and completing CA-541?

Yes, you can prepare Form 1041 and CA-541 using TurboTax Business. State products are sold separately by state, tax year, and business entity type. When you purchase and install the California Fiduciary module, CA-541 will be automatically populated from your federal return. You can and should review the state return for accuracy before you file.

 

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