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Estate Tax Return

Forum|Forum|3 years ago
January 15, 2023
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I need to file an Estate Tax Return (1041) for my deceased mother to report the sale of her home and distribution of the home sales income to 3 beneficiaries. Sale of the home is the only item needing reporting. Does Turbo Tax/Intuit have a way to do this online or do I need to buy the full version of the Business Tax Software? I will also need to file a Wisconsin Estate Tax Return.

what is the cost!

TurboTax Business Windows

Best answer by Anonymous_

TurboTax does not have a way to prepare a 1041 online.

In order to prepare a 1041 with TurboTax, you need TurboTax Business which must be installed and run in a Windows environment. The product does support Wisconsin Fiduciary.

See https://turbotax.intuit.com/small-business-taxes

A

Anonymous_Answer

Employee

TurboTax does not have a way to prepare a 1041 online.

In order to prepare a 1041 with TurboTax, you need TurboTax Business which must be installed and run in a Windows environment. The product does support Wisconsin Fiduciary.

See https://turbotax.intuit.com/small-business-taxes

C

CDAAuthor

Thanks fir the response. Only need to do 1 tax return and will never use again. Looks like it will cost $180 for Federal plus another $50 for the state. A total of $230. Guess I’ll have an accountant do it. I can save about $100 per the accountant I spoke with. Thanks.