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New Member
posted Apr 25, 2025 7:16:12 PM

Can I amend my federal return after receiving a form 1041 schedule K-1? My original return did not have a K-1, so I don't know how to add this information into TurboTax.

This is for tax year 2023.

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1 Replies
Level 15
Apr 25, 2025 7:30:41 PM

See this TurboTax support FAQ for amending a prior year tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-already-filed/L4VjJ9BA2_US_en_US?uid=ld1n99kr

 

To enter a Schedule K-1

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Business Items (Business Investment and Estate/Trust Income using Home and Business)
On Schedule K-1, Q, click on the start or update button