What is the form used for? Using Form 1041-V allows us to process the payment more accurately and efficiently. We strongly encourage you to use Form 1041-V, but there is no penalty if you don’t.
Is the form Supported in our program? Yes, the 1041-V is supported in the UltimateTax.
How to access the form: To add the Form in the program, you go to add form in the look for box type 1041-V.
Limits to the form: This form cannot be copied. This is only available for the 1041 and 1040 packages.
Common uses of the form:
For further information see the publication. https://www.irs.gov/pub/irs-pdf/f1041v.pdf