TRUSTS & ESTATES · 1041

The complete trust and estate tax agent.

From source documents to signed return. Instead prepares workpapers, populates returns, resolves diagnostics, and files: 1041, K-1s, and all supporting schedules.

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Instead 1041 fiduciary tax agent for trust distributions, allocations, and basis tracking
THE FIDUCIARY RETURN

One agent.
Every step of the 1041.

Tax plans, workpapers, return population, K-1 generation, review, and filing. Instead handles every step of fiduciary tax preparation so your team focuses on advisory.

  • DNI calculations and income distribution deductions
  • K-1 generation for every beneficiary
  • 65-day election analysis and modeling
  • Compressed bracket and NIIT analysis
Instead 1041 fiduciary return workflow showing tax plans, workpapers, and K-1 generation
WORKFLOWS

Pre-built workflows. Click run.

Every step of fiduciary tax preparation, automated.

Fiduciary workpapers

Upload trust agreements, brokerage statements, and K-1s received. Complete fiduciary workpapers built automatically.

Return preparation

Populates every line of the 1041. DNI calculations, K-1 generation, and income distribution deductions included.

Return review

Compliance review against source docs, workpapers, and current tax law. Issues flagged before partner review.

Tax planning

Build fiduciary tax plans with distribution timing, income shifting strategies, and trustee-ready deliverables.

65-day election analysis

Evaluates whether a Section 663(b) election benefits the trust and beneficiaries. Models distribution scenarios with projected tax impact.

Tax estimates

Quarterly estimated tax calculations, federal and state. Trust-specific thresholds, compressed brackets, and NIIT analysis.

Strategy implementation

From intake through analysis to final deliverable. Trust-specific strategies with projected impact for trustees and beneficiaries.

Custom workflows

Your firm's fiduciary process, codified. Describe your workflow and the agent builds it. Repeatable across every engagement.

TAX DOCS

Every document. Organized automatically.

Upload trust agreements, financial statements, and source docs. The agent classifies, renames, and organizes everything by tax year and beneficiary.

Auto-classification

Agent organizes trust docs, K-1 inputs, and beneficiary correspondence.

Version history

Full audit trail on every document. Revert any change at any time.

Cloud integrations

Google Drive · OneDrive · Box · Dropbox. More integrations coming soon.

FIDUCIARY

Distributions and DNI. Handled.

Distributable net income, income distribution deductions, grantor trust rules, and compressed brackets. Instead tracks it all and generates K-1s for every beneficiary.

  • Distributable net income calculations
  • Income distribution deduction tracking
  • Grantor trust status and reporting
  • Beneficiary K-1 generation
  • 65-day election modeling
Instead DNI calculations and beneficiary K-1 generation for trusts and estates
READY TO RUN

Workflows built for trust and estate returns.

From workpapers to filing, every step of fiduciary return preparation has a dedicated workflow. Click run and the agent handles the rest.

  • Build a 1041 tax workpaper (TY25)
  • Prepare and review a 1041 return (TY25)
  • Review a 1041 tax return (TY25)
  • Build a trust and estate tax plan (TY26)
  • Build beneficiary tax estimates (TY26)
  • Implement a tax strategy
  • DNI distribution analysis
Instead trust and estate workflow library
THE GRID

One person.
Thousands of 1041s.

Select trust and estate clients. Run return preparation across all of them simultaneously. The grid handles every beneficiary, every K-1, every DNI calculation in parallel.

Team managing 1041 fiduciary returns at scale with Instead grid view
Instead tax research interface showing fiduciary trust analysis
RESEARCH

Ask any trust and estate question.

Are trustee management fees above or below the 2% floor? How do you split a return when grantor trust status is revoked mid-year? The agent researches it, cites the IRC and Treasury Regs, and shows you exactly where the answer comes from.

Try tax research
SECURITY

Control who sees what.

User permissions

Owner and Member roles. Control who accesses which clients.

Document permissions

Visibility at the document and folder level. Sensitive returns stay restricted.

SOC 2 Type II

Annual security audit. IRS-authorized e-file. 256-bit encryption.

File tax returns nationwide

First company in decades to receive approvals at every level of government.

Federal
IRS-approved
48+
State jurisdictions
Local
Supported
ALAlabama
AKAlaska
AZArizona
ARArkansas
CACalifornia
COColorado
CTConnecticut
DEDelaware
FLFlorida
GAGeorgia
HIHawaii
IDIdaho
ILIllinois
INIndiana
IAIowa
KSKansas
KYKentucky
LALouisiana
MEMaine
MDMaryland
MAMassachusetts
MIMichigan
MNMinnesota
MSMississippi
MOMissouri
MTMontana
NENebraska
NVNevada
NHNew Hampshire
NJNew Jersey
NMNew Mexico
NYNew York
NCNorth Carolina
NDNorth Dakota
OHOhio
OKOklahoma
OROregon
PAPennsylvania
RIRhode Island
SCSouth Carolina
SDSouth Dakota
TNTennessee
TXTexas
UTUtah
VTVermont
VAVirginia
WAWashington
WVWest Virginia
WIWisconsin
WYWyoming
PRICING

The software is free. You pay for the agent.

File any 1041 by hand at no cost. When you want the agent to handle DNI calculations, K-1 generation, and distribution analysis, pay per credit.

File any return

Free forever.

Run the agent

Pay per credit.

See the 1041 agent in action.

From source documents to filed return. Watch Instead prepare, review, and file a fiduciary tax return end to end.

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