How to Attach Statement to Form 1041

Forum|Forum|2 years ago
March 9, 2024
3 replies
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I am completing Form 1041 for an Estate using TurboTax Business and need to attach a Statement as required by Other Information Question 8, to explain why the Decedent's Estate was open for more than 2 years. The Executrix is disabled and needed time to prepare the house for sale. I have not gotten to the point of submitting the return, and wondered if I will be prompted to attach the Statement. Also, would Word doc or PDF be better? Thanks.

Mike9241

Turbotax has no provision for attaching an external document. you'll need to mail the return.

LK2023Author

Thanks. That's not great. What happens if i e-file but mail the statement?

Anonymous_

Employee

No text available

LK2023Author

I posted this question elsewhere but it really belongs here, I think?

So I've been advised here that I must paper file the Federal Form 1041 in order to Attach a Statement explaining why the Estate was open for more than 2 years, and I must also paper file the NJ 1041 as well.

If I have to paper file the Federal 1041 and NJ 1041, presumably it will take the IRS a while to process these.

So must I also paper file the corresponding personal Federal 1040 and NJ 1040 for the Beneficiary to whom the Estate income was distributed because the K-1 and NJ K-1 will take a while to be processed by the IRS?

Or can I e-file the 1040s, even though the 1041s (including K-1 and NJ K-1) were mailed?

Thank you.

Anonymous_

Employee

You can go ahead and e-file the 1040s.

LK2023Author

Thank you

ZChefDan1

Why doesn't Intuit include a feature in TurboTax Business that would allow users to attach a statement with the 1041? It would save many people, including me, the hassle of printing and mailing a 1041 simply to add a statement explaining why the estate has been open more than 2 years. TurboTax Business certainly isn't inexpensive software. Come on Intuit, allow me to e-file!

BillM223

The way e-filing works is that the IRS or the state defines an XML schema which lists the mandatory and optional tags and their data that make up a valid data set for a tax return. When TurboTax is finished running, it has created a data set in this format. Note that there are no forms in this data set, just tags (think: <xml>).

So in order for TurboTax to be about to add the equivalent of a paper document to a tax return, the IRS must create the ability to accept it on their end, so TurboTax can create it on our end.

It's not just up to TurboTax...

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LK2023Author

Thanks, BillM223. Clearly TurboTax does have the capacity to attach a statement because to submit the 1041 electronically, you must print, sign, scan, and upload a signature page (PDF). Which I discovered shortly before I realized that I would not in fact be able to e-file. So I gathered that most likely there was also an issue on the IRS side. It's moot for me now, because I printed the Federal 1041 and mailed it with the attached statement, and TurboTax doesn't support e-file for the NJ State 1041 anyway, so I mailed that one too. I would have preferred to e-file both, but TurboTax was still worth it because of the help completing the forms and presenting the required information. And, I found a lot of support through TurboTax Community support pages this year! So, thank you.