1041 Fiduciary Income Tax Module

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Gain control of most tax functions for tax forms and schedules, including A, B,C, D, K-1, Forms 2210, 6198, and more. The ONESOURCE Trust & Estate Administration 1041 module automates the process from loss limitations to DNI allocations among beneficiaries, and calculates your tax return as you work. Plus, you can perform:

  • Section 678 taxation of beneficiary (Crummey withdrawal powers)
  • Automatic or direct expense allocation
  • Passive loss limitations and carry-forward calculations
  • Form 6198 at-risk limitations
  • Grantor statements
  • And more

The 1041 module tracks state information as well...no more double entries. State returns are available for:

  • California
  • Connecticut
  • Delaware
  • Illinois
  • Maryland
  • Massachusetts
  • Michigan
  • New York
  • New Jersey
  • North Carolina
  • Ohio
  • Pennsylvania
  • Virginia

The 1041 module can be used as a standalone product, or integrated with other ONESOURCE Trust & Estate Administration modules

View the ONESOURCE Trust & Estate Administration 1041 module brochure