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Form 1041-QFT: Qualified Funeral Trusts in ProConnect Tax

by Intuit Updated 1 year ago

To Generate Form 1041-QFT:

  1. From the Input Return tab, go to General Client Information.
  2. Set Type of Entity to Qualified Funeral Trust.
  3. Additional entries are in Input Return > General > Miscellaneous Information > Miscellaneous Tab in the 1041-QFT section.

Estimated Taxes:

  • If you expect to owe at least $1,000 in estimates.
  • Safe Harbors of: 90% of current year's tax, or 100/110% of last year's tax.

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