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Level 2
posted Jan 5, 2023 3:44:38 PM

Does turbotax deluxe 2022 handle Schedule E (for Schedule K-1 partnership income)?

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2 Best answers
Level 15
Jan 5, 2023 3:53:01 PM

If you are referring to the Deluxe online edition, then No it cannot be used to report a Schedule K-1 on Schedule E Part II or Part III.  You would have to upgrade to the Premier online edition.

Level 15
Jan 6, 2023 6:08:02 AM

@rantimd wrote:

So you’re saying for Schedule K-1 partnership profit/loss, I don’t need to upgrade to premier. Deluxe will do as long as I’m using desktop version and not online?

That is correct.

4 Replies
Level 15
Jan 5, 2023 3:53:01 PM

If you are referring to the Deluxe online edition, then No it cannot be used to report a Schedule K-1 on Schedule E Part II or Part III.  You would have to upgrade to the Premier online edition.

Level 15
Jan 5, 2023 8:08:30 PM

all desktop versions handle K-1s

Level 2
Jan 6, 2023 5:57:05 AM

So you’re saying for Schedule K-1 partnership profit/loss, I don’t need to upgrade to premier. Deluxe will do as long as I’m using desktop version and not online?

Level 15
Jan 6, 2023 6:08:02 AM

@rantimd wrote:

So you’re saying for Schedule K-1 partnership profit/loss, I don’t need to upgrade to premier. Deluxe will do as long as I’m using desktop version and not online?

That is correct.