Question

TurboTax Business - Trust returns for States?

Forum|Forum|1 year ago
October 29, 2024
1 reply
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I have read that TurboTax Business offers 1041 for Trusts, plus, fiduciary returns for some states (purchase add-on). I’ve also read that NOT ALL States are supported or available. Can anyone direct me to a list of states that are offered &/or excluded? I’m reluctant to go forward with 1041s without knowing if the necessary state return will be available. Any guidance would be appreciated. Thanks!

TurboTax Business Windows

VolvoGirl

Here is a list of states in the Business program. Look through each state to see if Fiduciary forms are available fir the state you need.

https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotaxbusiness_states_windows_selector.html

T

TrusteeX3Author

Aloha VolvoGirl ~ Thanks for your prompt reply with link. This is exactly what I needed. Unfortunately, TurboTax Business does not support Hawaii Fiduciary Form N-40. I have been searching for an alternative software but have only found software for professional tax preparers. I have used TurboTax Premier for personal tax preparation in the past & was hoping to use Business for fiduciary return. It seems that my only option is to continue hiring a professional tax preparer. If anyone has any other suggestions, I am open to any available options. Thanks again for providing the informational link. Sorry for the slow response.

T

TrusteeX3Author

No text available

Hi tagteam ~ Thank you for the suggestion & links. I will definitely try H&R Block Premium & Business for 2024 tax season. Wish I didn’t have to leave TurboTax, yet, greatly appreciate knowing that there might be an alternative. Thanks again for your help!!