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I need to file Form 1041 K-1 Schedule. I already am using TurboTax Premium online. Do I have to start all over with TurboTax Desktop for Business?

The K-1 form is from my deceased mother's trust.
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JamesG1
Expert Alumni

I need to file Form 1041 K-1 Schedule. I already am using TurboTax Premium online. Do I have to start all over with TurboTax Desktop for Business?

You do not.  TurboTax Premium Online will report IRS form K-1 (1041).

 

Follow these steps:

 

  • Down the left side of the screen, click on Federal.
  • Down the left side of the screen, click on Wages & Income.
  • Click the down arrow to the right of S-corps, Partnerships, and Trusts.
  • Click to the right of Schedule K-1.
  • At the screen Tell us about your Schedule K-1, click to the right of Estates or trusts (Form 1040).
  • For several screens, you will be entering data right off the K-1 form.
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