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May 1, 2021
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How do I prepare another 2020 return using online turbotax premium for a trust?

  • May 1, 2021
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Best answer by VolvoGirl

You need to prepare a 1041 Trust return?

 

You need Turbo Tax Business.

The small business program (TT Business) is for 1120 Corporation, 1120S Corp, 1065 Partnership or 1041 Estate/Trust returns and will not do your personal 1040 return.   It  is a separate program from the Desktop Home & Business program or the Online Self Employed version.

 

Turbo Tax Business  is not available to do online or on a Mac.  You can buy the Window's version here.  And you can have both TT Business and TT Home & Business (or any personal version) installed on  your computer at the same time.

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

 

Desktop Windows System Requirements

https://ttlc.intuit.com/community/system-requirements/help/minimum-system-requirements-for-turbotax-windows-software/00/26175

1 reply

VolvoGirl
VolvoGirlAnswer
Employee
May 1, 2021

You need to prepare a 1041 Trust return?

 

You need Turbo Tax Business.

The small business program (TT Business) is for 1120 Corporation, 1120S Corp, 1065 Partnership or 1041 Estate/Trust returns and will not do your personal 1040 return.   It  is a separate program from the Desktop Home & Business program or the Online Self Employed version.

 

Turbo Tax Business  is not available to do online or on a Mac.  You can buy the Window's version here.  And you can have both TT Business and TT Home & Business (or any personal version) installed on  your computer at the same time.

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

 

Desktop Windows System Requirements

https://ttlc.intuit.com/community/system-requirements/help/minimum-system-requirements-for-turbotax-windows-software/00/26175

March 21, 2022

I bought a copy of Turbotax for Business in order to prepare a 1041 return, but I didn't realize that it wouldn't run on a Mac.  Has anyone successfully run this Turbotax program on a Mac, using Bootcamp or other PC-to-Mac adapter software?

March 21, 2022

If you purchased the wrong version, you can contact us by phone to request a refund in order to switch it out for a Mac version. 

 

Please follow the instructions here to contact us by phone. @kimcranney

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