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How to report my schedule K-1 (form 1120S) I have 60% ownership, and an ordinary business income loss of $1,197?
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How to report my schedule K-1 (form 1120S) I have 60% ownership, and an ordinary business income loss of $1,197?
Turbo Tax makes it easy for you to file Schedule K-1 using Turbo Tax Premier. When you are in the program, on the left hand side of the screen:
1. Click Tax Tools
2. Click Tools
3. Click Search
4. Enter in K-1 and follow the prompts. The program will walk you through what information from the K-1 goes where.
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