1041: Preparing Returns

Click here to download a PDF copy of this tutorial.

The 1041 tax application provides a large number of defaults. You can customize your 1041 tax return preparation by selecting return and print options, and compute options.

You can enter income and deductions detail or just a total override.

Distributions to beneficiaries can be entered as either a percentage or a dollar amount.

Customized beneficiary messages can be created.

Topics

1041: General Information
1041: Income and Deductions
1041: Beneficiary Distributions
1041: Beneficiary Messages
1041: Special Allocations
1041: Estimates and Penalties
1041: 5227 Returns
1041: 1041A Returns
1041: State Returns
1041: K-1 Review

Tutorials/1041_intro.htm/TY2019

Last Modified: 01/28/2020

Last System Build: 06/18/2021