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  • Whats a 1041 form? - Intuit
    Form 1041, US Income Tax Return for Estates and Trusts is generally used to report the income, gains, losses, deductions, and credits from the operation of an estate or trust TurboTax Business supports the filing of Form 1041
  • Solved: Question regarding how to handle 1099 1040 1041s after a . . .
    3) File an estate 2024 1041 with the "new" 1099's and then write a K-1 with myself as the beneficiary The estate will then pay zero taxes for 2024 and simply move the remaining tax burden to myself and my personal 2024 1040 My question for 2025 I expect to still get some 1099's issued to her SSN Would I repeat the same procedure above for
  • Fiscal Year for an Estate 1041 - ttlc. intuit. com
    Fiscal Year for an Estate 1041 I need to file a 1041 for the estate of a relative that died on 3 31 2024 I want to elect a Fiscal year and believe that the correct fiscal year would start at the date of death, 3 31 2024 and end 12 months later on 2 28 2025, with the return due by 6 15 2025
  • Solved: How do I get form 1041 from turboTax - Intuit
    How do I get form 1041 from turboTax Hello experts, I have Turbo Tax Home and Business and would like to use TurboTax to populate form 1041 for my mother's estate income My understanding is you need Turbo Tax Business in order to do a form 1041 I assumed Turbo Tax Home and Business qualified for "business"
  • Solved: My Revocable Trust has an EIN, do I need to file 1041 . . . - Intuit
    “The fiduciary (or one of the joint fiduciaries) must file Form 1041 for a domestic trust taxable under section 641 that has: 1 Any taxable income for the tax year; 2 Gross income of $600 or more (regardless of taxable income)” So, my trust received some interest in 2023 (<$100), so, by item 1, I have taxable income and therefore need to
  • Solved: Form 1041 for Deceased estate (Not required?) - Intuit
    The lawyer might just be asking for the end date of the estate's income tax year The estate's income tax year (calendar or fiscal) is not established until the first Form 1041 is filed (even though the application for EIN might ask the question)
  • Do I need to file 1041 if no tax is due? - Intuit
    Yes, if what you determine the gain to be is correct, and regardless of any tax due If there is any income within the estate for the tax year that is $600 or more, a Form 1041 must be filed Yes assuming the estate received the proceeds and then distributed the gain to them, each beneficiary needs the K-1 if there is income distributed to them The distributable net income may indicate there
  • Which TurboTax do I need to file a return for an estate? - Intuit
    Which product or service you use will depend on whether you need to file an income tax return for an estate (Form 1041), or an estate tax return (Form 706) TurboTax Desktop for Business handles Form 1041 and will also generate the K-1 schedules and figure out how much net income is allocated to the estate's heirs
  • Solved: How to file an amended form 1041 - Intuit
    In Turbotax Business, how do I e-file an Amended 1041 after I e-filed the original 1041? When I try to e-file the amended 1041, Turbotax will not allow me to e-file it
  • 1041 for Trust after death became irrevocable K-1s Many questions
    1041 for Trust after death became irrevocable K-1's Many questions I'm new at this so please be kind If you can answer any portion of all my questions please comment as over 45 people looked already and no @experts have responded I am the Trustee but, not a beneficiary of the following:





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