Have TT Home & Bus 2023. When will limited partnership personal income be ready to input?

[AINSCP]

Clarification: I have the desktop version above

[TomD8]

The partnership should furnish you with a Schedule K-1 (Form 1065).  Enter your Schedule K-1 in the Business Income and Estate/Trust Income section of Personal Income.

[Rick19744 · Accepted solution]

If you are referring to when TT input forms will be available, it appears that the date will be 2-21-2024.

All software vendors need to have their software approved by the IRS, and as a result, that just takes time.

If you are referring to when the partnership will issue your K-1, that varies by partnership.

The partnership return is not due until 3-15 and some partnerships even extend their returns, meaning that K-1's will not be available until a later date.

[AINSCP]

Thank you.  Yes, have the K-1 form....just can't input into TT income section yet as it says its not ready.  TY should provide an estimated time for this to be ready in that section.  Your response was what I needed to know.  Appreciate the reply and info....:))

[PatriciaV]

According to the Forms Availability Table, Schedule K-1 will be ready for input on February 21, 2024. We recommend that you wait until the next day to update TurboTax (if using the desktop version) then retry the K-1 entries.

[Rick19744]

Welcome.