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New Member
posted Apr 7, 2025 7:29:30 PM

can i change my 2024 taxes tothe form 1065,i used the wrong form

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1 Replies
Expert Alumni
Apr 7, 2025 7:37:30 PM

You can use TurboTax Business to prepare a Form 1065 - but that is a business only return.   You still need a personal tax product to prepare your personal taxes on Form 1040.    If you have a K-1 from a partnership or multimember LLC, that gets entered with your personal taxes on Form 1040.  In that situation, you would not need TurboTax Business.   

 

Where do I enter a Schedule K-1 that I received?

 

Do you own a partnership or multi member LLC that you need to prepare a business return for?   Or do you just need to include a K-1 from a partnership or multimember LLC on your personal tax return?   Or both?  

 

What type of entity is my business?