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New Member
posted Apr 8, 2025 5:19:38 PM

How does business loss information from my Form 1065 transfer to my personal Form 1040?

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1 Replies
Expert Alumni
Apr 8, 2025 6:17:34 PM

Your share of the business loss will be reported to you on Form K-1.  Once you enter this form into TurboTax, the amounts will flow to your personal Form 1040.

 

For more information, please see this TurboTax Help Article: Where do I enter a Schedule K-1 that I received?