does turbo tax business and home include 1041

DM passed away last year leaving a Trust to myself and Sister. 1041 and K-1 is all new to me, but I feel maybe relevant to understand more. This has been a very informative thread on TT for Trusts. If you know a good one, I also like the idea of hiring an accountant for the first year and comparing your results.

If you don't have someone in mind, maybe the estate lawyer could recommend a good accountant. You might try it (for $120 at Costco) first and then look for an accountant if you run into any problems. Some accountants lack expertise in this area, so TurboTax could actually be a better resource.

It's much faster and probably more accurate than preparing a return manually. I haven't compared it with other tax software, but it has worked well. I've used TurboTax Business for estate and trust e-filings in recent years. What experience to you have in this area? This is a testimentary trust established from my mothers will for my disabled sister. The trust will probably have very little interest income and will probably payout what it does take in. Or would it be better to just see an accountant. Does anyone use TurboTax for completing a 1041 for a simple trust.

Does turbo tax business and home include 1041