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I have a schedule k-1(Form 1041) deduction. Where do I input this number?
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I have a schedule k-1(Form 1041) deduction. Where do I input this number?
Using the online editions to enter a Schedule K-1 you would need to upgrade to either the Premier or Self-Employed editions.
To enter a Schedule K-1
- Click on Federal Taxes (Personal using Home and Business)
- Click on Wages and Income (Personal Income using Home and Business)
- Click on I'll choose what I work on (if shown)
- Scroll down to Business Items (Business Investment and Estate/Trust Income using Home and Business)
- On Schedule K-1, click on the start or update button
Or see this TurboTax support FAQ on entering a Schedule K-1 - https://ttlc.intuit.com/questions/1900938-where-do-i-enter-a-k-1-that-i-received
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