- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
I need to generate k1 from turbotax business but it says i need to enter partner/shareholder info but i can not find it on turbotax business. how do i enter it?
Topics:
1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
I need to generate k1 from turbotax business but it says i need to enter partner/shareholder info but i can not find it on turbotax business. how do i enter it?
The K-1 form will be created automatically with the Trust return (1041 form) in TurboTax Business.
The K-1 form DOES NOT get entered into TurboTax Business. The tax return in TurboTax Business will create the K-1.
If you already have a K-1 form from a Trust, then you can enter it onto your personal tax return via the steps below.
https://ttlc.intuit.com/replies/3301717