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April 10, 2024
Question

I already submitted my personal return. can i use my account to file a family trust return also?

  • April 10, 2024
  • 1 reply
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1 reply

April 10, 2024

No.  This return must be filed using TurboTax Business (Form 1041). Personal returns cannot use the same software to prepare an estate return.

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nasteelAuthor
April 11, 2024

Hello and thank you for the quick answer! So this trust, my parents are both alive and there have been no distributions of any kind. Are you saying that the trust itself has to file a return, using Form 1041 via Turbo Tax business? 

Employee
April 11, 2024

It depends on the type of trust. For living trusts, expenses/deductions are reported on personal return. 

 

Which TurboTax do I need to file a return for a trust?


 

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