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Which version needed for trusts?

Based on info here, it sounds like TT Business (and not  TT Home & Business) is needed in order to file taxes for a trust.  If so, then  two versions would be needed in order to file for both trust and personal taxes: Business, and another TT  (deluxe, premier etc.)?  thanks

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2 Replies
M-MTax
Level 15

Which version needed for trusts?


@user17723075456 wrote:

....two versions would be needed in order to file for both trust and personal taxes...


Yes, TurboTax Business and another desktop product.

Vanessa A
Employee Tax Expert

Which version needed for trusts?

You are correct.  You will need to use TurboTax Business (not home and business) to file the trust return.  Then you would use TurboTax Premier Desktop or higher (or Premium Online) to enter the K-1 that comes from the trust. 

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