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New Member
posted Mar 16, 2022 3:07:06 PM

I need to do a 1065 and make K1 what turbo tax do I need?

0 4 875
4 Replies
Level 15
Mar 16, 2022 3:10:08 PM

TurboTax Business, which must be installed and run in a Windows environment (not available online or on a Mac O/S).

 

https://turbotax.intuit.com/small-business-taxes

Level 15
Mar 16, 2022 3:10:34 PM

You will need the TurboTax Business Edition for the Partnership tax return Form 1065 and to create the Schedule K-1 from the partnership.  The Business Edition can only be installed on a Windows based personal computer, not on a Mac or online.  The Business Edition cannot be used for a personal tax return Form 1040.

Go to this TurboTax website for the Business Edition - https://turbotax.intuit.com/small-business-taxes/

Level 13
Mar 16, 2022 5:02:47 PM

@DoninGA you may want to edit your response to reflect form 1065 instead of 1085 just so there is no confusion for others.

Level 15
Mar 16, 2022 5:07:56 PM

@Rick19744 Thanks...Must have missed that typo.