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null132
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I have form 1041 schedule K-1. I need to know how and where to file it. Also in box 11 final year deductions are 3,854 is that income or deduction?

 
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I have form 1041 schedule K-1. I need to know how and where to file it. Also in box 11 final year deductions are 3,854 is that income or deduction?

You need to upgrade to Premier to enter a K-1.  If you received a Schedule K-1 and need to enter it in TurboTax, using the search bar in your TurboTax program, type in  k1 or k-1 (small k) and click Find.  This should give you a Jump To link to go directly to it.

OR
To enter a K-1 go to
Federal on Left side
Wages and Income
Then scroll way down to Business Items
Schedules K-1, Q - Click the Start or Update button

Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S
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