1041 Program

Our 1041 Program (Estates and Trusts) features easy data entry and the automatic calculations of beneficiary allocations and the ability to override these calculations.  The K-1 screen for each beneficiary shows totals for the return and the beneficiary's share of each total.

The program automatically allocates expenses against tax exempt income and calculates DNI and the distribution deduction.  Because of the complexities of estate and trust income taxation, you always have the ability to override calculations for special situations.

Integrated into the 1041, SAXTAX depreciation handles Form 4562, Form 4797 and calculates depreciation for up to six different depreciation "books":  (1) regular taxes;  (2) alternative minimum taxes;  (3) ACE;  (4) Internal (financial reporting);  (5) State; and (6) Other (user definable).  The normal cost of our Depreciation Program is $199, but it comes Free with the purchase of our 1041 Program.

Download a Demo or Order the 1041 Program now.

Click on the Thumbnails below to view sample program screens.

1041 Page 1 1041 Schedule K-1

1041 Program Features

Instant Calculations with Ability to Override Year-to-Year Data Transfer
Print Preview Unlimited Tech Support
Unlimited Number of Clients Custom Transmittal Letters
Custom Client Bills Tickler Due Date Monitor
Batch Printing Full Featured Depreciation Program FREE
Supporting Data Schedules for All Income and Expense Items Does Current and Prior Three Years Returns
Transmittal Letters for Forms K-1 Unlimited Number of Beneficiaries
Single Entry Screen for K-1's Grantor Statement (includes amounts by Form and line number)

1041 Forms and Schedules

Form 1041 Form 4797 Form 8948 Schedule I
Form 1041-ES Form 4952 Form 8949 Schedule J
Form 1041-T Form 6252 Form 8960 Schedule K-1
Form 1116 Form 7004 Schedule C Letters to beneficiaries and grantor(s)
Form 2210 Form 8801 Schedule D
Form 2758 Form 8824 Schedule E
Form 3800 Form 8826 Schedule F
Form 4562 Form 8879F Schedule H