1041 - U.S. Fiduciary Income Tax Return

What is the form used for?

The fiduciary of a domestic decedent's estate, trust, or bankruptcy estate files Form 1041 to report:

• The income, deductions, gains, losses, etc. of the estate or trust.
• The income that is either accumulated or held for future distribution or distributed currently to the beneficiaries.
• Any income tax liability of the estate or trust.
• Employment taxes on wages paid to household employees.

Is the form Supported in our program? Yes 

How to access the form: To access the form you will need to change the package in the Business software then start a New Return in the 1041 Package.

Limits to the form: You may only have one copy of this form entered

IRS Publication:https://www.irs.gov/forms-pubs/about-form-1041