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Returning Member
posted Mar 16, 2024 11:14:44 AM

I have a final K-1. Where do I input that?

How do I report that a K-1 is final

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1 Replies
Expert Alumni
Mar 17, 2024 7:18:22 AM

There is a place in the K-1 screens for a Trust where you can check a box that the K-1 you have is the final K-1.  If your K-1 is from a partnership or S-Corp, you will indicate that it is the final K-1 by checking the box that the partnership or S-Corp 'ended' in 2023.  

 

See the following TurboTax help article for more guidance to enter your K-1 information:

 

Where do I enter a Schedule K-1 that I received?