Form 1065 schedule k1

[damoncarswell]

Just arrived in the mail, how do I file this. I am not a business.

[Rick19744 · Accepted solution]

You will need to input the information from the Schedule K-1 into your personal tax return.  This is done on Schedule E.

It appears that you are using the online version of the software and in order to access Schedule E you will need the Premier version of the software.

[bjdoherty65]

I have the same problem and I am using the Premier version.

[toogiggly]

me too

[alicia3]

me three

[thetamar]

i have premier too however I transfered all my stocks on 1099-B now i got a schedule k-1 for one of my stocks that was reported on 1099-B. do i need to do it again on k-1?

[cummingscm]

I ended up adjusting the cost basis for all the 1099-B transactions to zero out all gains/losses that are duplicate to the Schedule K-1 transactions.