I have a small business and have filed a business return. When completing my personal return, do I enter all the income/expenses from my business again or just the information from my k-1's?

[PeterM · Accepted solution]

You'll enter your Schedule K-1 from the business into your individual income tax return (Form 1040). You do not again enter the income and expenses items that you used to file the business tax return. The Schedule K-1 is the tax summary of your business.