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trentec38
New Member

I have not filed my state taxes yet. I recently received a K1 form I did not know was coming. So I started amending my federal return. What do I do next?

 
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IreneS
Intuit Alumni

I have not filed my state taxes yet. I recently received a K1 form I did not know was coming. So I started amending my federal return. What do I do next?

When you're finished amending your federal return, then open your state return.  The updated information will flow to the state return and you can then file it.  [You do not have to do an amended state return since a return has not yet been filed.]

 

 

 

To enter information for the Schedule K-1, please follow these steps:

  1. Click on Federal > Wages & Income
  2. In the S-Corps, Partnerships, and Trusts section click on the box next to Schedule K-1.  
  3. Click Yes on the next screen, Did you receive any Schedules K-1?
  4. On the Tell Us About Your Schedules K-1 screen.  Click on the Start/Update box next to the type of entity (partnership, S-corporation, or trust/estate) that issued the K-1.   
  5. If you have already entered K-1 information, you will see a Summary screen.  Click Add Another K-1 to enter your information  (or click on Edit to continue with the existing form entry).  
  6. If you haven't started entering K-1 information, continue through the screens, entering the requested information.

 [Edited | 4/8/2020 |  11:37am PDT]

 

 

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2 Replies
IreneS
Intuit Alumni

I have not filed my state taxes yet. I recently received a K1 form I did not know was coming. So I started amending my federal return. What do I do next?

When you're finished amending your federal return, then open your state return.  The updated information will flow to the state return and you can then file it.  [You do not have to do an amended state return since a return has not yet been filed.]

 

 

 

To enter information for the Schedule K-1, please follow these steps:

  1. Click on Federal > Wages & Income
  2. In the S-Corps, Partnerships, and Trusts section click on the box next to Schedule K-1.  
  3. Click Yes on the next screen, Did you receive any Schedules K-1?
  4. On the Tell Us About Your Schedules K-1 screen.  Click on the Start/Update box next to the type of entity (partnership, S-corporation, or trust/estate) that issued the K-1.   
  5. If you have already entered K-1 information, you will see a Summary screen.  Click Add Another K-1 to enter your information  (or click on Edit to continue with the existing form entry).  
  6. If you haven't started entering K-1 information, continue through the screens, entering the requested information.

 [Edited | 4/8/2020 |  11:37am PDT]

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
trentec38
New Member

I have not filed my state taxes yet. I recently received a K1 form I did not know was coming. So I started amending my federal return. What do I do next?

Thank You,
I have completed the the K1 portion, now it turbo tax will not let me e-file because it says my state taxes are amended but I have never filed them yet. How do I change that?

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