turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

null132
New Member

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?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

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
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies